Is the Bear Market Over? 2 Telling Indicators Say Not Quite Yet
Since a bad inflation report last week, stocks have suddenly rallied for no obvious reason, making many investors wonder if the brutal bear market that has ensued for most of the year is over.
After all, the S&P 500, a broader benchmark for the overall market, is still down more than 23% and is only about 11.8% higher than pre-pandemic levels in 2020. Over two years, it would not be at all irregular to see the market make these kinds of gains.
But according to several indicators that have reliably predicted the end of a bear market several times in the past, the selling may not be done just yet.
Source Fool.com
