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Non-Tech : Kirk's Market Thoughts
COHR 191.72+0.2%Dec 26 9:30 AM EST
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To: Return to Sender who wrote (23669)3/24/2025 3:24:04 PM
From: Kirk ©1 Recommendation

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Return to Sender

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Could be. One thought I had is most/many stocks have had a pretty severe bear market already and it was the Mag 7+ holding the market up.

One old adage is bear markets don't end until they shoot the generals and I believe we just saw this with 20% or more down in many leaders. We also want to see new leaders emerge and that could be IBM and perhaps healthy eating at SFM. The S&P didn't see a bear, it was down over 10% for just a day I believe. But many, many other sectors saw a bear so... it may apply.
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