Sunday, October 16, 2016

Is It Time To Throw In The Bullish Towel? - iShares Core S&P 500 ETF (NYSEARCA:IVV) | Seeking Alpha

Is It Time To Throw In The Bullish Towel? - iShares Core S&P 500 ETF (NYSEARCA:IVV) | Seeking Alpha



Chris Ciovacco has written an outstanding article on the state of the stock market.  I agree with him that we are not yet tipping into a bear market.  The market daily and weekly averages are not all going down like they were in 2000 and 2008.  We appear to be in a consolidation phase instead.  Only the strongest stocks are doing well, though.  AMZN is my largest holding, and I own several preferred stock funds as well so that I get paid while I wait.


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