Weekly Update: Stocks Now at Short-Term Oversold Levels; Credit Markets Still Not Giving All-Clear Signal

February 28, 2022 – Stocks appear to have put in a temporary bottom at current oversold levels but it is still not clear whether this will be the bottom. Chris Puplava, CIO of Financial Sense Wealth Management, looks at the 2018 analog many traders are currently watching, which ultimately failed and led to a lower low, in relation to the 50-day moving average, the credit markets with credit default swaps, and how the current spike in oil prices is translating to inflation expectations globally.

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