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Home»Finance»How to tell a bull correction from a bear market
Finance

How to tell a bull correction from a bear market

DeepBy DeepFebruary 6, 2016No Comments1 Min Read
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A bull and a bear statue stand outside the Frankfurt Stock Exchange in Frankfurt.

It’s a correction, right? Just like August.

That was last week’s conventional wisdom, and that was before the S&P 500’s downdraft drove it 10 percent off its highs and wiped away 6.2 percent since the year began.

The velocity and pain of the move, however, has more than a few market pros questioning whether the sell-off is really the start of a new bear market.

Jason Hunter, technical analyst at JPMorgan, provided some insight on how to tell the difference between a bull market correction and the start of a bear market.

[“source -cncb”]

How to tell a bull correction from a bear market
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