#092 Milton Berg On Why There’s Strong Evidence The Market Won’t Do Well

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