New Bull or Bullsh*t?
MRKT Matrix
00:00
Is a Pivot Bullish for Stocks?
A pivot, the reason that we would get a pivot out of them, I do not think is bullish. Almost every single time afterwards, there's a pretty big drop in the blue line, which is a drawdown on the S&P. So, this light is hiccup and it's kind of shoot first to ask questions later. That leads me to believe that we're not done yet on the downside because we need to get some of these cult stocks. They need to be taken out to the woodshed.
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