The end of the U.S. stock market’s correction is looking a lot closer. That’s the conclusion of a contrarian analysis of market timer sentiment. It’s encouraging, from a contrarian perspective, that the market timer community in recent days has become extremely pessimistic — as pessimistic, in fact, as it has been at prior market bottoms.
The S&P 500 SPX currently is trading 12% below where it stood when that column was published. The Nasdaq Composite COMP is almost 17% lower. Orderly declines versus panics It’s anyone’s guess what it will take this time to reach levels associated with bear-market lows. Contrarians tend to avoid even attempting such projections, preferring instead to let the sentiment data tell the story in real time.
Now it' the right time to evaluate some acquisitions.. using cyclic analysis, sectorial rotation, fundamental analysis, financial technycal analysis..I've studied a lot and also now i'm studying a lot (remember markets change)..plus I use Streetbeat app, for me the best!
Lost me after … The beginning of the end.
Finland to join NATO will start a nuclear war! I am not buying anything! Wait!
Meanwhile it took crypto, NFT, big tech with it down!
That depends on whether enough investors buy into that narrative. This is why there are bear market rallies until one of them isn't. But calling each bottom is lucrative for one of the calls will be true and you look like a genius.
Catcoinbsc catcoin ✌️😻
We've reached the bottom....unless it keeps falling that is. 😏
It 👏 hasn’t 👏 begun 👏 yet👏
And it could NOT be near. FFS MarketWatch. Say 'IS NEAR' or don't bother.