Bull Rallies, Bear Corrections, And Market Tops
Written by Lance Roberts, Clarity Financial
Last week, we discussed the fulfillment of our expectations for a bull rally. While the rally was attributed to the rather “dovish” stance taken by Jerome Powell and commentary from the White House on potential progress on resolving the “trade war” with China. The reality is it had little to do with those headlines but was simply a reversal of the previous “exhaustion extreme” of sellers during November and December.
Source: http://econintersect.com/pages/investing/investing.php?post=201901140013
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