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什么是熊市(Bear Market)?

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Recent Examples on the Web Just over 9 months and the average bear market is done. — Q.ai - Powering A Personal Wealth Movement, Forbes, 3 Aug. 2022 Like its peers, Apple 什么是熊市(Bear Market)? stock has taken a shellacking during the current bear market. — Larry Light, Fortune, 14 July 2022 Attention, retirement savers: Don’t get spooked by the bear market and forget about doing a Roth IRA conversion. — 什么是熊市(Bear Market)? Laura Saunders, WSJ, 24 June 2022 During the 2017 to 2018 crypto bear market, bitcoin plummeted 什么是熊市(Bear Market)? 83%, from $19,423 to $3,217. — Nicole Goodkind, CNN, 18 June 2022 What may be making 什么是熊市(Bear Market)? the meltdown worse than the bear market afflicting stockholders is that crypto doesn’t have any value in the real world. — Michael Hiltzik, Los Angeles Times, 16 June 2022 With Thursday’s decline, the S&P 500 什么是熊市(Bear Market)? is now almost 24 percent below its Jan. 3 peak, plunging deeper into the bear market that officially began on Monday. — New York Times, 16 June 2022 The biggest decline since 1945 occurred in the 2007-2009 bear market when the S&P 500 fell 57%. — Aimee Picchi, CBS News, 19 May 2022 Grim Outlook: Investors had an awful start to the year as stocks twice entered bear market territory, and further losses may be on the way. — New York Times, 27 July 2022 See More

These example 什么是熊市(Bear Market)? sentences are selected automatically from various online news sources to reflect current usage of the word 'bear 什么是熊市(Bear Market)? market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Are We Seeing the Failure of a Bear Market Rally or Just a Healthy Pullback?

Stocks 什么是熊市(Bear Market)? are set to gap lower to start the week. It is not a big surprise that the market 什么是熊市(Bear Market)? is finally undergoing corrective action after a fast and furious run, but the billion-dollar question is how 什么是熊市(Bear Market)? far it will go. Is this just a reset that will set the stage for another push higher, 什么是熊市(Bear Market)? or is it the failure of a bear market rally that the pessimists have warned us about?

The good news is we don't need to answer that question today, but we do need to increase our vigilance and be ready in case the selling pressure accelerates. The S&P 500 can pull back to 4,160 or so without doing major technical damage, but such a move would cause some pain and there likely will be some rotational action that is going to be harder on sectors such as growth, biotechnology, small-caps and technology.

The thing that is particularly interesting about the market right now is how quickly the narrative is shifting. During the big run off the June lows, the narrative was that the market had already priced in the worst and that it could handle a hawkish Fed. There 什么是熊市(Bear Market)? was increased optimism that the strong labor market would provide enough strength to withstand a series of 什么是熊市(Bear Market)? rate hikes and avoid a recession. The drop in energy and commodity prices also provided hope that 什么是熊市(Bear Market)? inflation had peaked.

Last week the narrative started to become less positive. The Fed has made it clear that it is not likely to pivot to a more dovish stance very quickly, and there is increased debate over whether the unemployment rate needs to increase in order to effectively deal with inflation.

Some bulls contend that there has never been a bear market bounce of this magnitude that did not produce 什么是熊市(Bear Market)? a bottom. We shall see, but we have never had economic conditions similar to this at this 什么是熊市(Bear Market)? stage of the market cycle. I have little confidence that there is a historical precedent for this market.

As I've been discussing, I have raised quite a bit of cash into the recent strength 什么是熊市(Bear Market)? primarily because many stocks I favor have become technically extended and I am not seeing many good entry 什么是熊市(Bear Market)? points. Even after a few days of weakness, it is still going to take more work for better charts to develop.

This is the time for caution. Don't be in a rush to put valuable capital back to work. If you are going to trade, then keep time frames short and don'什么是熊市(Bear Market)? t forget that we are going to be dealing with negative seasonality for a while.

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline 什么是熊市(Bear Market)? to this article.

What is a Bear Market? Wall Street Stock Term Explained

Wall Street has started the week with sharp losses, plunging the benchmark S&P 500 index into bear market territory.

The S&P 500—an index of 500 of the top publicly traded companies in the U.S.— fell 3.9 percent 什么是熊市(Bear Market)? on Monday, bringing its losses to 22 percent since its January high.

These losses have occurred due to 什么是熊市(Bear Market)? a multitude of reasons, including the war in Ukraine, rising interest rates, a slowdown in China's economy, high inflation and recession fears.

All these factors combined have led investors to rethink where and how they should invest their money.

The tech-heavy Nasdaq has fallen even farther and is down by a 什么是熊市(Bear Market)? 什么是熊市(Bear Market)? 什么是熊市(Bear Market)? third since last November.

Many assets have been hit in the significant slump on Wall Street, including cryptocurrencies, which have seen $2 trillion wiped off their value since the peak in November 2021. Bitcoin—the largest cryptocurrency—fell below $23,000 on Monday after trading as high as $67,000 in November.

What Is a 什么是熊市(Bear Market)? Bear Market?

A "bear market" is a Wall Street term used when an individual stock, or an index like the S&P 500 or the Dow Jones Industrial Average, falls by 20 percent or more for a long period. Investopedia explains this below:

"A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.

Bear markets are often associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can also be considered to be 什么是熊市(Bear Market)? 什么是熊市(Bear Market)? in a bear market if they experience a decline of 20% or more over a sustained period of 什么是熊市(Bear Market)? 什么是熊市(Bear Market)? time—typically two months or more."

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  • Biden Economy Message Eclipsed by Musk's 'Bad 什么是熊市(Bear Market)? Feeling,' Dimon's 'Hurricane'

How Long Does a Bear Market last?

Since World War II, bear markets have taken around 13 months to go from their highest point to their lowest, and 27 months to get back to break even, according to the Associated Press.

Sam Stovall, chief investment strategist at CFRA, told 什么是熊市(Bear Market)? the AP that bear markets gained their name because bears hibernate, so bears represent a market in retreat, and that when the stock market is surging, it's called a bull market, because bulls charge.什么是熊市(Bear Market)? 什么是熊市(Bear Market)? 什么是熊市(Bear Market)?

New York Stock Market

When Was the Last Bear Market?

The last bear market happened in 2020, at the start of the COVID-19 pandemic, so just over two years ago. But after slumping at the outbreak of the pandemic, 什么是熊市(Bear Market)? 什么是熊市(Bear Market)? stocks rocketed back for much of 2020 and 2021.

With the latest slump, investors may be wondering 什么是熊市(Bear Market)? whether it's time to sell. That depends on your personal circumstances, of course, but investment advisers often 什么是熊市(Bear Market)? recommend that long-term investors look to ride out short-term rises and falls in the stock market.

And bear 什么是熊市(Bear Market)? in mind that some of the most successful days for Wall Street have been during or right 什么是熊市(Bear Market)? after a bear market. For instance, during the bear market of 2007-2009, there were two days when the S&P 500 rose by 11 percent.

It's time to 'play defense' with stocks experiencing a classic bear-market rally, Wells Fargo warns

Stocks won't exit the bear market until the Federal Reserve's last interest 什么是熊市(Bear Market)? rate hike, according to Wells Fargo.

Investors need to be cautious despite major indices' recent gains, CIO Darrell Cronk told Bloomberg TV.

"This very much looks like a bear market rally… you've got to play defense," Cronk said.

It's time for investors to get defensive and consider jumping out of stocks, which look caught in the middle of a bear-market rally, according to a Wells Fargo investment chief.

Darrell Cronk told Bloomberg TV he's skeptical about how well equities will perform over the rest 什么是熊市(Bear Market)? of 2022, even though the S&P 500 has climbed more than 15% since hitting a low for 什么是熊市(Bear Market)? the year in June.

"This is the question: Is this a bear market rally or the start of a new bull?" Cronk, CIO for Wells Fargo Wealth and Investment Management, said on Friday. "This to us very much looks like a bear market rally."

"People forget that as bear markets get older, the bear market rallies get larger. This is the largest one we've seen, we've 什么是熊市(Bear Market)? had six S&P 500 rallies during this bear of 7% or greater."

He believes the S&P 500's recent rally isn't sustainable, given the US benchmark has failed since April to break above its 200-day moving average. If stocks rise or fall through this key resistance level, it's seen as a change in long-term direction.

"The fact that we've failed off the 200-day to us still says that you've got to play defense," Cronk said — suggesting they pivot away from stocks, and 什么是熊市(Bear Market)? into less risky and volatile markets such as bonds or cash.

The Wells Fargo CIO said bear markets 什么是熊市(Bear Market)? 什么是熊市(Bear Market)? don't end three things happen: housing market forward indicators hit a bottom, earnings estimates fall significantly 什么是熊市(Bear Market)? or trough, and the Federal Reserve is on the verge of stopping its interest rate hikes.

"You'什么是熊市(Bear Market)? ve got to get closer to the Fed being at or within sight of their last interest rate hike," he said. "We think we're still probably at least six months away from that."

"So, bear market rally — play defense here from a risk standpoint," Cronk said.

Markets have gained thanks to some investors' expectations that the Fed will pivot to start cutting interest rates soon. But Wall 什么是熊市(Bear Market)? Street strategists have warned that the US central bank's current hiking cycle won't end until 2023.

Analysts at Goldman Sachs, Bank of America, and HSBC all said last week that the Fed will likely continue to hike until nominal rates are at 4%, around 150 basis points above their current level.