S&P looks overworked and burned out.

5 de jun. de 2019

I'm probably stating the obvious, but the S&P looks poised for a big drop very soon. Combined with some of the leading, fundamental indicators like RV sales, home sales, etc. and the global economy slowing down, I think we're seeing the very beginning of a very large bear market, company valuations are also overly inflated if you ask me and there doesn't seem to be much FUD. That leads me to believe that not only is a large recession coming, but I don't think many people are prepared for it, which could make it that much worse. Since the beginning of this most recent bull market, we've seen gains above 200% which usually means that the next big dip won't be a 20% correction but a very large bear market. This is my first idea, so be kind, I'm sure I'm missing something. Let me know what you think and what I could improve.

Also, don't trade on my advice, that'd be a very bad idea.


Thanks.