5min chapter

Forward Guidance cover image

The Bear Market Ended Months Ago, Says Master of Turning Points | Milton Berg

Forward Guidance

CHAPTER

Is There a Signal to Buy or Back Test in the Stock Market?

When a stock market bottoms and then viciously surges such I think as it did in October of 2022, that is a sign to buy or back test. It's one of the indicators of the market low. We don't think the market made its major low in October. The panic into the downside took place into the June lows. So we considered the market actually bought in June on the day that the Fed first raised interest rates. Since June, yet the stock market fell to June lows. There's many major underlying power in the stock market. The worst time to buy stocks is when the markets are anticipating a recession. But even if it's 2023, there's no reason for

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