Surveillance: Bear Market with Wilson
Bloomberg Surveillance
00:00
The Importance of Breath in the Stock Market
Mike Downey: There are many technical signals that conflict with the idea that this is the beginning of a new cyclical bull market. He says we've worked off that oversold condition and more importantly, now I would say the consensus is actually optimistic on earnings again. The second half is going to be a bit choppier and probably downward in the index," he said.
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