MCR Market Report

The Leader in Quantitative Analytics

Percent of Stocks in BEAR - Major Indexes

22 December 2018 3:14 PM | MCR Market Report (Administrator)

Our indicator has detected the market weakness that began back in late September when the number of stocks in the small cap Russell 2000 in bear markets outnumbered the number near their highs.  This was followed by the Nasdaq 100 and then ultimately the large cap S&P 500 which put up a valiant fight.  Going forward, we believe that until a meaningful bottom is established, any rallies will be short-lived and should be sold into.


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