Discipline Beats the Bear Market
Stocks are up today! It’s a welcome relief after the slog since prices peaked in early January. But as the saying goes: “One day does not make a trend.” The S&P 500 and Nasdaq 100 indexes have already crossed into bear market territory. And whether you’re looking at moving averages, trailing returns or any other price-based indicator … it’s clear that the dominant trend in most markets is now bearish. That’s OK!
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