Many analysts emphasize the state of extreme overbought stock market is considered unsustainable for a long time, thus facing a future as imminent correction.
repropose this table (source: Bespoke) that reports on what occasions the market has risen to over forty sessions sessions without suffering a correction of at least one percentage point and the magnitude of subsequent adjustments before recording an increase of at least one percentage point:
as you can see, apart from a couple of occasions, the market has never gone beyond the fifty consecutive meetings without a drop of particular importance, we can therefore be considered statistically correct prediction of a drop in prices in the coming sessions although it is difficult predict the magnitude and duration.
personally would prefer a basic approach still bullish and the trend narrowing of spreads between corporate bonds (BAA rating) and ten-year U.S. supports the hypothesis that the stock market can still grow this
in this case, any correction should be seen as an opportunity to increase positions in
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