You should know the difference between.... What’s the Difference Between a Correction and a Bear Market?
A bear market is a deeper, longer decline in value than a correction. “A bear market represents a decline of more than 20% in a market,” says Spear. “Bear markets have averaged 14 to 16 months in the past, which is longer than a typical correction.”
Bear markets are often the result of a more significant change in sentiment among investors. While a correction represents a moderate amount of concern about more immediate events, a bear market is more about deeper, more impactful issues that could be lasting, like an economic crisis, rather than just a handful of disappointing economic data reports.
Be sure to keep your eyes on the S&P500, which will give you an idea of where pot stocks are headed near term...We already have a good indication....As pot stocks tank to new all-time and 52 week lows...
I am thinking that we could see a bear market--or reversal into a downtrend---just looking at the chart on the weekly time frame of the S&P 500
ttps://ca.investing.com/indices/us-spx-500-advanced-chart