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Non-Tech : Kirk's Market Thoughts
COHR 173.58-0.8%1:18 PM EST

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To: Kirk © who wrote (3821)2/15/2016 10:55:26 AM
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I don't think we can call what we have had a bear market yet at all.

Money has been rotating recently into gold, consumer staples and utilities.

Message 29890534

Although the majority of stocks in the market have already declined by 20%, or more, putting them into bear markets things can get worse.

In a true bear market even gold stocks, consumer staples and utilities do not offer any real protection for investors.

Kirk, you are doing some good work here. Great chart. I particularly like the dividend yield shown there at the bottom.

Keep an eye on volume though. I believe the final bottom for stocks won't happen until we get a higher volume upside day than the previous downside day with 80 to 90% of stocks in the market moving higher on that day.



Not there yet.

RtS
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