- “Bear squeeze,” or has the bull market returned? Over the last few weeks, that remains the question as the market rocketed off its lows, eclipsing both the 50- and 200-day moving averages.
- Since the lows from a few weeks ago, the market has surged sharply higher. While that surge was impressive, it had “bear squeeze” earmarks, as some of the most shorted names surged higher.
- Making absolute predictions, bullish or bearish, is not only useless but inherently dangerous concerning portfolio management.
For further details see:
Bear Squeeze? Or, Return Of The Bull?