Safe Stocks Underperforming. Yes, We’re In A Bull Market — Expert Says

Simon Constable
DataDrivenInvestor
Published in
2 min readJun 5, 2023

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Arturo Di Modica and his Charging Bull sculpture which he dropped with no prior permission during the night in 1989 in between the police patrols on Wall St in 1989 in between the police patrols on Wall St. Artislife1406, CC BY-SA 4.0, via Wikimedia Commons

It should be clear that we are in a bull market. At least, that’s what one market expert says.

“In bull markets historically, there’s less of a need, or no need at all, for the safest stocks,” writes technical analyst JC Parets in a recent report from his company AllStarCharts. Technical analysts forecast stock movements by looking at charts…

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