Bear Market Template Update

person using MacBook Pro on table

Image Source: Unsplash

The stock market continues to follow the template of 6 cyclical bear markets within 3 secular bears. The market recently failed at the 200-day moving average. That was the second major sell signal for past bear markets.

The bulls are hoping the market follows a similar pattern to 1962. Then the market rallied after a 28% drop but then quickly retested the bottom, and successfully. Even from the 1962 peak to the 1968 peak the S&P 500 only gained 50%. The end of the secular bull in the 1960s was much different than the end of the 1920s and 1990s.

At this point, the 8-month decline in the stock market looks more like those 6 bad cyclical bear markets than like 1962.

Video Length: 00:08:20


More By This Author:

Fed Engineered Selloff But Gold Outperforms Stock Market
Gold Miners Historical Underperformance
The Best Historical Comparison For Gold & Silver

Disclaimer: TheDailyGold.com and TheDailyGold Premium are not investment advice. The website, email newsletter and premium ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with