Monday, May 28, 2018

Markets could disappoint very badly

There is a saying in Wall Street that says, one should buy when there is 'Blood on the Streets'. Investor sentiments can play a big role in market turning points. Marc Faber thinks the markets have a good chance to disappoint bullish investors. 


So, I think we are in a situation where it is likely, it's not yet a hundred percent sure, in order to get a clearer picture, if a major bear market has started, we would have to make a low below the February low, but that hasn't happened yet. But looking at the market and the market action and the momentum and the number of stock that are actually making new lows, I'd say there is a fair probability that the market will disappoint point very badly."