The New Bear Market

[Mohammed Hazabig'un]

Friday night the S&P 500 dropped into Bear Market territory then bounced back out.

While both the U.S. and Aus economies seem to be battling on into some headwinds, cracks are appearing.

@ducati916 makes some sound points probably more suited for in here rather than in the ASX is tanking thread.

 

[Sean K]

Good buying opportunity for long term players.

 

[divs4ever]

i have been nibbling opportunistically , and sure i might be early , but at least i have some ( of what i want )

if the market really breaks there might be times when the market is closed ( 'circuit-breakers ' )

 

[wayneL]

That was kind of interesting how it dipped it's toe into minus 20% territory, then recoiled almost as if in horror.

Ppt perhaps? Who knows?

I still think the bond market is key and that some better bargains await later in the year.

 

[Mohammed Hazabig'un]

When it dipped it's Toe into Bear by dropping 2% Friday all the News outlets broke the News "Bear Market" (3am). 3.30am it began its accent out by swinging 2% up. All the News outlets had to scrub their headlines.

10 year Bond keeps making ground on the 2 year.Tonight will be an important night around the Globe imo - PMI numbers out everywhere.

 

[noirua]

You'll know the bear market is nearing an end when anxious investors push the 'panic' button

U.S. stocks haven't yet seen the extreme investor capitulation that's typical of market bottoms.

www.marketwatch.com

 

[Telamelo]

Macquarie reveals its 16-stock "recession-proof" portfolio​

• Consumer Staples: Coles Group (ASX:COL), Endeavour Group (ASX:EDV), Metcash (ASX:MTS)
• Infrastructure: Transurban (ASX:TCL), Origin Energy (ASX:ORG), Amcor (ASX:AMC), Orora (ASX:ORA)
• Healthcare: CSL (ASX:CSL), Ramsay Health Care (ASX:RHC), Resmed (ASX:RMD)
• Gold: Newcrest Mining (ASX:NCM), Northern Star (ASX:NST)
• Food: Graincorp (ASX:GNC), United Malt Group (ASX:UMG), Elders (ASX:ELD), and Costa Group (ASX:CGC)

 

[noirua]

 

[noirua]

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Conclusion​

Four reliable indicators all warn of a bear market ahead. Investors should be cautious, while short-term traders need to be nimble to take advantage of strong volatility and exercise sound position-sizing to limit potential losses.

Quote for the Week​

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
~ Warren Buffett