Stocks Rallied Dramatically. It’s Still a Bear Market
November 12, 2022 by secret
128
No Comments
This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Bear-Market Rallies Technical Strategy BTIGNov. 11: Thursday was another day for the record books. The S&P 500 had its first daily gain of more than 5% since 2020, and its biggest outperformance vs. the Dow
This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.
Bear-Market Rallies
Technical Strategy
BTIG
Nov. 11: Thursday was another day for the record books. The
S&P 500
had its first daily gain of more than 5% since 2020, and its biggest outperformance vs. the
Dow Jones Industrial Average
since 2001. Long/short momentum was down nearly 10%, the second-worst daily decline since 2001, behind the November 2020 vaccine day.
