When you see all media outlets proclaiming a bull market has started, it is an indication that Market Makers have sold their entire inventory and sold short. Expect a decline to begin, just as it did during the last half of May in 2008.
Headlines from June 9, 2023
Reuters
Behold Wall Street’s new bull market, maybe
Wall Street Journal
Enters New Bull Market as Big Tech Lifts Indexes
Yahoo
Stocks rise, S&P 500 enters new bull market
AP News
The S&P 500 is in a bull market.
CNN
It’s official. We’re in a bull market
ABC News
The S&P 500 is in a bull market.