Wall Street

A Textbook Bear Rally

Published by
ValueWalk

In hisDaily Market Notes report to investors, while commenting on a bear rally, Louis Navellier wrote: Textbook Bear RallyThe first half goes out with a whimper. Hopes for a relief rally on peak inflation and optimism that earnings will not disappoint have not been realized this week. We’ve done a round trip to last Thursday’s levels. The S&P is still 3% off the bottom from 2 weeks ago, but the strong bounce off the bottom is looking like a textbook bear rally this morning. Q1 2022 hedge fund letters, conferences and more Perhaps what’s most disappointing is that an important inflation data po…

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