Stocks have persisted higher for several months since the S&P 500 (NYSEARCA:SPY) bottomed in 2016. So persistent that investors haven’t seen many traditional 3-5 percent pullbacks.
It’s been a very strong run for stocks.
But is the great bull market coming to an end? Are long-term charts warning investors?
In this weekend’s stock market video, we look at several long-term charts and indicators. We discuss current trends and what the price action is saying about market probabilities.
Stock Market Video – December 3
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Thanks for watching.
Twitter: @CiovaccoCapital
The author or his clients may hold positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
