The market action that I've
been observing really to me looks like a
bear market.
For the first quarter all the major
stock market indexes were down. This was
the first time in 10 quarters as we had 9 consecutive positive quarters (I
think that's a record).
The US
stock market finally broke that winning
streak we'll see how investors who
thought the US stocks can only go up may react to their
first down quarter in ten. But it's not
going to be the last down quarter, I
think this could be the beginning of
several more down quarters to come.
Related trading instruments:
- iShares Russell 2000 Index ETF (IWM)
- SPDR S&P 500 Index ETF (SPY)
- Nasdaq 100 Index ETF (QQQ)
- SPDR Dow Jones Industrial Average ETF (DIA)
