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5 Signs The Stock Market Has Flipped From Bearish To Bullish

5 Signs The Stock Market Has Flipped From Bearish To Bullish

Five major indicators suggest that the market rally of 2019 - viewed with skepticism by many investors thus far - has switched from from bearish to bullish. Among the signs: the vast majority of stocks are trading above their 50-day moving averages, a rising number are hitting 52-week highs, several major market indexes are above their 200-day moving averages, and momentum has returned in force (see table below). “Momentum is a key component right now,” as Paul Brigandi, managing director and head of trading at ETF provider Direxion Investments told The Wall Street Journal.