Stocks Rallied Dramatically. It’s Still a Bear Market

Stocks Rallied Dramatically. It’s Still a Bear Market

Business
November 12, 2022 by keithhill530
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[ad_1] 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
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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.

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