TeknikalRaman
Finance & Business
POSTED BY: GWS Team
PUBLISHED: Jun 21, 22
The S&P 500 has entered bear market territory, portraying a bleak picture for US markets.
Last week's inflation figures ruffled the stock market and caused a catastrophe, with key indexes closing the week approximately 5% down.
Meanwhile, because this is not a market that rewards excessive risk-taking
Given high inflation, increasing interest rates, and dwindling growth prospects, solid free cash flow, healthy (cash-rich, low-debt) balance sheets
The "breadth thrusts" are a key sign of the bull market's resumption