Wall Street's Telltale Bear Market Warning Is Back With a Vengeance
It's been an incredibly volatile start to the decade for Wall Street, with the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and growth stock-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) trading off bear and bull markets in successive years.
But it's been nothing short of a green light for the bulls over the last 17 months. Since 2023 kicked off, the Dow Jones, S 500, and Nasdaq Composite have respectively gained 20%, 38%, and 60%, with all three indexes pushing to record-closing highs. On the surface, it appears that nothing can slow this red-hot market down.
But looks can be deceiving.
Source Fool.com