S&P 500 Declines
Aug
05
2023
“Bear-Killing” Rally?
The S&P 500 came within 4% of its early-2022 high on July 31st, and some technicians insist that such a powerful recovery of bear-market losses has invariably been a bear killer. In both 1957 and 2000, however, bear rallies brought the SPX to within 1% of its prior high; and it’s worth noting, in 1957, the mid-July retest gave way to a recession in just six weeks.
Apr
07
2023
What’s “Priced In?”
Could the stock market have already discounted a forthcoming recession?