When you're stuck at home day in and day out, your thoughts tend to wander. And mine have been stuck on this market.
We're more than 20% down from recent market highs – the flat-out definition of a bear market.
But at the same time, stocks have begun to rally. As I'm writing, we're around a 20% retracement from recent market lows as well.
Now, typically, I wouldn't buy this rally. But it's definitely testing me…
Is This a Bull or Bear Market?
First off, I believe this is, in fact, a bear market.
About the Author
Tom Gentile, options trading specialist for Money Map Press, is widely known as America's No. 1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Tom has taught over 300,000 traders his option trading secrets in a variety of settings, including seminars and workshops. He's also a bestselling author of eight books and training courses.