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People who think market bottomed/has not, what are your reasons and opinions it has or hasn’t bottomed? : stocks

by /u/neda6117
November 20, 2022
in Stock Market
Reading Time: 1 min read
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I just DCA 70% stocks 30% crypto(btc/eth) so im being objective and of course happy about green days same as with red days.

I think market still hasn’t bottomed.My reasons why..

1.Market usually bottom during the recession(1/3-2/3 into recession). It happened every time since year 1930. Recession still hasn’t come but it probably will next year.

2.Market usually bottoms when unemployment has peaked or near peak. Unemployment is still crazy low.

3.Market usually crash after pivot. https://i.imgur.com/BukIsEy.jpg

4.When 10year 2-3 months treasury are inverted that is the most accurate indicator of upcoming recession. In last 25 years it happened 2 times, 2000 dot com and 2008 financial crisis. Currently, 3rd time right now, they are inverted same as those years.

https://fred.stlouisfed.org/series/T10Y3M



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Tags: bottomedbottomedhashasntMarketOpinionspeoplereasonsstocks
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