So where is the market at now?
Well we are seeing these AMAZING oversold rallies back and that's normal and guaranteed to happen all the time but the over all trend is not doing well. In a slow down trend.
But it's a process and every market drop takes time.
Conversation
You’d think with new stimulus money coming soon, the drop wouldn’t be happening now. I can’t tell if it’s a fake drop or we’re getting the correction now before the next leg up?
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Stimulus will rocket up the 10 yr end yields i think we are going down no matter what
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That's not slow.... at that pace we'll be near 0 in 4 months!
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It’s the bounces that are faking people out. It gives people false hope or confirmation bias to those that need the market to go up.