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Nasdaq falls into bear market edge: Should we care?
With the geopolitical effects and rate-hike estimates, the tech-heavy Nasdaq Composite Index has fallen 17.9% since the beginning of 2022. A Show More
With the geopolitical effects and rate-hike estimates, the tech-heavy Nasdaq Composite Index has fallen 17.9% since the beginning of 2022. According to the definition on Nasdaq's official website, a bear market is any market in which prices exhibit a declining trend for a prolonged period, usually falling by 20% or more.
Some investors place bets on bear market and sells on the bull. While others argue it’s almost meaningless to concern whether the current market is bull or bear, as no one can predict where the market will go.
Do you think it's important to tell whether the current market is bull or bear? Will you buy the dip or sell-off during a market correction?
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