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Wednesday, August 10, 2022

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Burden Of Proof Is On Bulls – Chart of The Day.

 

Burden Of Proof Is On Bulls – Chart of The Day.

Courtesy of Howard Lindzon

Good morning.

I’m headed out to ride with a pal of mine Mike Dean who chose a top 100 US Bike Climb in the country here in San Diego – Palomar Mountain.

Since I continue to get so many asks from people in my feeds about the ‘bear market’ and when is the right time to buy stocks, I will continue to share some charts and data about how bad this market really is.

Today, have a look at this data in chart form from Willie Delwiche:

The banks are not in trouble – at least yet – so I do not see a financial crisis like 2008.

Every bear market is devious in its own way.

Image by Joaquin Aranoa from Pixabay 

 

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