It is worth saying a few words about the situation in the stock (and some other) markets. Well, it is clear that the “last bear bastion” mentioned in July remained unconquered, and now, after 3 months, we see a completely opposite situation – the bulls have to fight close to their (penultimate) protection zone, Signet bank experts write in their current blog. Their reflections follow.
The situation is quite comfortable for those who, like us, stayed away from the stock market this year, because without holding the S&P 500 4150-4250 zone, the market can very quickly reach the “last bull bastion” at the 4050 mark, which, if “returned”, will open Pandora’s box. For those who know how to wait, there seems to be great opportunities to find good and cheap ideas for their long-term portfolios.
2023-10-26 08:50:06
#fight #bears #bulls #stock #markets #continues
