A ten percent bounce in the S&P 500, now what?

What does it mean when the stock market makes a low and then stages a large bounce in a short period of time? Is that sort of price action meaningful? How should traders think about? How should long-term investors think about it? What are the signs that a big bounce will lead to a new high instead of a new low later on?
Michael Batnick and Downtown Josh Brown attempt to answer these questions the best way they know how &…
Source: https://thereformedbroker.com/2019/01/10/a-ten-percent-bounce-in-the-sp-500-now-what/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s