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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