The S&P 500 stock market fell over 30% off of its peak and is now having a rally. Many people believe this rally is the start of a new bull market. I am highly skeptical even if that is a popular notion with the public now as brokerages are reporting that more people are buying stocks now than selling in a buying surge. However, the action isn’t exactly like what happened when the markets peaked in 2000 and 2007 either. I talked about what is going on with Ike Iossif of marketviews.tv in this podcast.
Mike Swanson is the editor of WallStreetWindow.com. For more about this website hit the about us page in the top navbar. To get on our free stock trading update list scroll on down and put your email into the subscribe box.
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