Based on the past few days trading sessions as well as the past month performance, we can safely say that the US stocks market is in bear market now. There maybe bounces up sessions, but it will be met with resistances until the situation "changes". The word "changes" implies something will signal a change to the market sentiment. We will have to wait the "change" to occur before any major buy program kicks in.
In the meantime, short the high flyers, and don't buy any strong momentum stocks now. Keep your cash at bay. It maybe needed when the "change" comes.
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