Heres how to tell the bottom of this bear market is in and a new bull is here

  • Bank of America Securities curated a “bull market checklist” for clients to help predict when stocks might reverse course. The list of six signals are events that typically happen before a market trough. 
  • Currently, four of the six signs are triggered, meaning are market bottom could be near. 
  • In the context of the current global pandemic, the most important new bull market checklist item is a peak in the number of new coronavirus cases daily, according to Bank of America.

Trying to time this volatile, falling market can be dangerous, but there are certain signals that the professionals look for to gauge when a bottom might be coming. 

Bank of America Securities curated a “bull market checklist” for clients to help predict when stocks might reverse course. The list of six signals are events that typically happen before a market trough. 

“The more signals triggered, the greater the likelihood we are at the S&P 500 market bottom,” Bank of America equity and quant strategist Savita Subramanian said in a note to clients on Thursday. Currently, four of the six signs are triggered, meaning are market bottom could be near. 

Source: https://www.cnbc.com/2020/03/19/heres-how-to-tell-the-bottom-of-this-bear-market-is-in-and-a-new-bull-is-here.html

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