Glamsplainin' the Bulls and Bears
*Apparently we were hanging with some bears last night because our editing skills have gone down. This morning's edition read: "A bull market occurs when stocks are basically singing, in their Mary J. Blige voice..." when it should have read "A bear market occurs when stocks are basically singing, in their Mary J. Blige voice...".
If you turn on CNBC or Bloomberg there’s always quite a bit of talk about animals. Bulls and bears specifically. A bull market is when the stock market is going All The Way Up like Fat Joe and Remy Ma. A bear market occurs when stocks are basically singing, in their Mary J. Blige voice, I'm going down, I'm going down.
Wait, why are we talking about livestock?
Do you remember the last time you were in the woods and a bear tried to attack you? Neither do we but take it from us, a bear strikes down when it attacks. That’s why a down market is called a bear. When the market is going up, its called a bull because when bulls attack, they strike up. In fact, a bull market is when the stock market rises 20% from a prior low. We are currently in the second longest bull market in history. This market has been telling us (in its La Roux voice) “this time baby, I’ll be bulletproof.” It’s been through wars, hurricanes, terrorism, a European debt crisis, threats of nuclear war and of course, fear.
Wall Street nerds are wondering how long this party can actually last. We feel pretty confident that we have some more time before the lights come on in the club.
Have a great weekend Savvies!
What topic would you like the StocSavvy team to Glamsplain?
Tell us on Twitter #Glamsplain
We Ask and Our Squad Answers
Our squad is comprised of ten Wall Street experts from the top asset management firms. Each week we ask them a question, and they poll in!
Do you think that Facebook stock can weather the storm of all the headwinds mentioned on the earnings call?
50% say YES
50% say FB will experience lower revenues in the near future because of the challenges mentioned
Agree with the squad? Tell us on Twitter #SavvySquadPoll