A Bull Market Is Coming: 1 Super Stock Down 96% You'll Wish You'd Bought on the Dip
In June 2022, the benchmark S&P 500 index closed 20% below its all-time high. That officially placed the stock market in bear territory, and the index continued to fall until October.
But the S&P 500 has since climbed by more than 20% from that October low point, which led some Wall Street professionals to declare the beginning of a new bull market. Not all of them agree, though, because some say the index needs to surpass its previous all-time high before the bear is officially banished back into hibernation.
No matter which camp is correct, history shows the benchmark indexes always climb to new highs given enough time. As a result, everyday investors should use this period as an opportunity to buy quality stocks at a discount, no matter the official classification of the market.
Source Fool.com
