Is The Pain In Stocks Over? Did The Bounce Just Arrive?

If stocks rise to make a new high, the multi-year bull market trend will remain intact. If they rise, but start putting in lower highs and lower lows, that suggests more weakness to come.

Tasty cake with flag on bunch of paper dollars

Image Source: Pexels


After a pummeling few weeks over which the stocks lost $trillions in market cap, Friday saw a big rally and the reversal of a number of technical indicators.

Does this mean the bottom is in? At least, in the near term?

Quite possibly, says portfolio manager Michael Lebowitz.

We discuss the reasons why this is more likely than not, and the importance of watching closely what happens next.

If stocks rise to make a new high, the multi-year bull market trend will remain intact.

If they rise, but start putting in lower highs & lower lows, that suggests more weakness to come.

If they fail to rise at all from here and resume their downtrend, that opens the door to some scary prospects.

Michael and I discuss all of these in depth -- as well as his outlook on tariffs, earnings, recession risk, bonds, gold and his firm's latest trades -- in this week's Market Recap.

Video Length 01:14:41


More By This Author:

Famed Short-Seller Explains Why The Market Is "Broken"
The World Is Suddenly Desperate For Physical Gold And Silver
It's "Day 1" Of The Reckoning As US' Unsustainable Fiscal Path Runs Out

Comments