Bear markets usually last longer than two trading days.
Unless this time is different.
Screens via @0rangeCru5h pic.twitter.com/bJAipk05p9
— OCCUPY WISDOM (@OccupyWisdom) December 27, 2018
“well the good thing about this bump is we know where we are in the sequence now if this sob has any merit. we are at the big jump which when i scale it up give the Dow an 11,000 point drop or 47% which to be frank with all of you is fine by me”
Via King @hks55 pic.twitter.com/qcCfXFP28I
— OCCUPY WISDOM (@OccupyWisdom) December 27, 2018
OUT OF THE $DJI #DOWJONES 20 GREATEST DAILY % GAINS:
😀 15 came between 1929-1933 crash/Great Depression
😀 1 came in 1987 after Black Monday
😀 2 came in October 2008 during the Financial Crisis
Large one-day moves are bear market rallies
Info Via @EddyElfenbein pic.twitter.com/UxrkspJOC1
— OCCUPY WISDOM (@OccupyWisdom) December 27, 2018
If we just look at months that have a higher percentage of days with -2.0% intraday draw downs than Dec 2018 so far, the list is a bit more ominous.
None of these were at the end of Bear Markets. pic.twitter.com/Pocb2SWmkf
— OddStats (@OddStats) December 27, 2018
History lessons…..
cc: @carlquintanilla
H/T: @Myrmikan @LawrenceLepard pic.twitter.com/X6RiTr6V54
— M/I_Investments (@MI_Investments) December 27, 2018
Leveraged Loans Index continues to drop – this tells me the short cover in stocks is a bear market rally and only temporary pic.twitter.com/oqOIhEiECV
— Alastair Williamson (@StockBoardAsset) December 28, 2018
ugly pic.twitter.com/KHgn1eXwhd
— Alastair Williamson (@StockBoardAsset) December 28, 2018
US Credit Managers’ survey:
(via @JohnSpall247) #gulp pic.twitter.com/TZ9zM75paf
— Carl Quintanilla (@carlquintanilla) December 27, 2018