[Cletus.D.Yokel]

18MAY2022 \Close\
Brandon Failure (Inversion) Watch
DJIA Today: 31,493.56
DJIA Friday: 32,654.59
DJIA on 22JAN2021: 30,996.98
Was yesterday a Dead Cat Bounce?
NCSWIC

[Publius]

Was yesterday a Dead Cat Bounce?

Yes.

Volatility is the Sign of the Bear. A bull market can go for years without a 2% day. But if you see a 2% day, it can be a warning of a bear market. If you see a sequence of 2% days, either up or down, you know you're in a bear market. Some of the biggest rallies in market history come during bear markets.

A 10% drop constitutes a correction. A 20% drop constitutes a bear market. The only question is whether this is a cyclical bear market or a secular bear market.