The bull market in stocks is not dead - MarketWatch: "In his reports and an interview earlier this week, Meisels said all market cycles have seven phases, five bullish and two bearish. We are in the fourth leg of the current cycle, a consolidation before the bull market enters its fifth and final phase.
“A bull market goes through legs and corrections, and we were overdue for this correction,” he told me in an interview. But once bull markets survive their first four stages, it’s extremely rare for them not to continue into the fifth, he said."
'via Blog this'
No comments:
Post a Comment