Perma-Bear Gets “Gored,” Buys Stocks. Contrarians Go Wild

by Wolf Richter
Wolf Street

Sign that the Bull Market Is finally over?

Contrarians have been waiting for the moment when the last stock-market bear standing gets gored. That would be the very moment when the fabulous multi-year rally would turn into a multi-year bear market.

Month after month, year after year, bears have gotten gored, one after the other, and turned bullish on stocks. But it wasn’t enough. There were still too many bears left standing. So it would be a long wait.

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