Skip to content
Aug 05 2023

“Bear-Killing” Rally?

  • Aug 5, 2023

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.


For full access, please enter your credentials.

About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager