How We’ll Know Stocks Have Bottomed (Long Before CNBC Announces It)
Stocks continue to struggle. Two weeks ago, the S&P 500 closed down 2.92%, while the tech-heavy Nasdaq ended down 4.14%. But something changed in the markets a couple weeks ago… All year, a few key sectors have consistently defied weak markets and marched higher. Commodity-related stocks like oil, metals, and fertilizer went up while many other stocks went down. Q1 2022 hedge fund letters, conferences and more But two weeks ago, the selling pressure was indiscriminate. Even the sectors that were consistently outperforming the market plunged. As an investor, you may be wondering when this weakn...