Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Dec 26 4:00 PM EST

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GROUND ZERO™

Hawkmoon

To: GROUND ZERO™ who wrote (169725)	3/10/2022 9:22:35 AM
From: da_spot	2 Recommendations Read Replies (1) of 220731

This is a good read imo: finance.yahoo.com 5 things need to happen before the market turns around Joe Fahmy ·Contributor Wed, March 9, 2022, 9:51 AM·5 min read In this article: SPY +2.68% ^DJI +2.00% ^GSPC +2.57% ^IXIC +3.59% TQQQ +10.70% DIA +2.10% Around the pandemic lows in 2020, I wrote that even though the virus will get worse, “i t doesn’t mean the stock market has to go lower.” I remained bullish throughout the strong run but turned cautious in mid-December 2021 for two main reasons: The market technicals were breaking down and the Fed became increasingly hawkish. I’ve been defensive since then and maintained a high cash position for my clients. In order for me to feel more confident about a sustained, new uptrend, and increase my exposure to equities, I need to see five things happen.

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