Barron’s: “The Stock Market Isn’t Done Falling. This Key Level Is a Buy Signal.”
By datatrekresearch in IN THE NEWS
Excerpt from Barron's quoting DataTrek's Nick Colas:
.... "DataTrek co-founder Nicholas Colas attributes this conventional wisdom to the market’s behavior following the notorious October 1987 stock market crash. The market initially rebounded, but then moved sideways for several weeks until December 1987 when it retouched the October low—before finding its footing and entering a new rally.
Colas concedes things don’t always play out the same way, noting that bear markets in 2002, 2009, and 2020 ended without following the 1987 pattern. All the same, there is little reason for investors to assume they are out of the woods in 2025, he argues"....
Full article here on Barron's.
