In a bull market, there are more up days than down days; in a bear market, there are more down days than up days.
In a bull market, declines are often due to profit-taking by longs or technical corrections; blindly buying the dip is the best strategy.
In a bear market, rallies are mostly due to liquidity squeezes or short covering; long positions must be closed promptly.
So, do you think we're currently in a bull or bear market? 🫡