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The Bear Market Resumed?


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#1 redfoliage2

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Posted 10 March 2023 - 10:46 AM

Bond market indicates money running away from stocks in accelerated pace into bonds since yesterday.  I see the bear market has resumed after a multi-month pause  .................



#2 linrom1

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Posted 10 March 2023 - 10:57 AM

Wishful thinking, banana republics don't have low rates and high currency values. It's low currency and high rates for US forever. Who dumped the DOLLAR, it's the FED.



#3 Rogerdodger

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Posted 10 March 2023 - 11:04 AM

I thought it was a Bull market since the 1930's...

Watch the SKY!

 

SVB in talks to sell after attempts to raise capital fail...

Bank run... Wall St Crisis...

Financial markets go down rabbit hole...

Payrolls rise 311,000; Jobs growth stays hot...


Edited by Rogerdodger, 10 March 2023 - 11:11 AM.


#4 linrom1

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Posted 10 March 2023 - 11:16 AM

 Maybe, wheat...finally?


Edited by linrom1, 10 March 2023 - 11:17 AM.


#5 redfoliage2

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Posted 10 March 2023 - 11:49 AM

As bounces getting sold I'd expect to see accelerated selling late in the afternoon as funds execute transfer from stocks into bonds, same as yesterday .....................


Edited by redfoliage2, 10 March 2023 - 11:51 AM.


#6 redfoliage2

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Posted 10 March 2023 - 12:25 PM

This looks SPX 3850 by the close or Monday ................................


Edited by redfoliage2, 10 March 2023 - 12:28 PM.


#7 slupert

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Posted 10 March 2023 - 01:12 PM

This looks SPX 3850 by the close or Monday ................................

Certainly is. Good Luck!



#8 redfoliage2

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Posted 10 March 2023 - 01:33 PM

Now almost there.  But SPX 3850 is not a support line and may not stop the down slide, just a round number with bearish psychological effects  ............................ 


Edited by redfoliage2, 10 March 2023 - 01:39 PM.


#9 SteveB

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Posted 10 March 2023 - 01:47 PM

I see SPX 3850 was overhead resistance during the last half of December. Seems like it may be a possible support area for a bounce. We're there now.



#10 SteveB

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Posted 10 March 2023 - 01:56 PM

Same for small caps. IWM at 174, resistance area in December. Waiting to see if the market bounces here, or not.