#092 Milton Berg On Why There’s Strong Evidence The Market Won’t Do Well
The Julia La Roche Show · Julia La Roche
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Show Notes
Milton Berg, CFA, the CEO and Director of Research of MB Advisors (https://miltonberg.com), joins Julia La Roche on episode 92 for a deep dive into his technical analysis and macro.
Berg focuses on "Turning Point Analysis,” where he looks for turning point ends of trends. In this episode, Berg shared reasons for why he sees strong evidence that this market won't do well and the bull market may be ending and heading toward a significant correction.
0:00 Intro
0:37 Long-term big picture
6:27 Short-term big picture
8:54 Turning points in the market
11:00 No evidence of momentum. It’s an emotional feeling
21:30 Accelerations
27:02 Bank stocks and the bear market
35:40 Why he’s short right now
37:38 Gap down and gap up, explained
47:00 Price target for the S&P 500
50:00 Worried about dissing capitalism