Today’s ‘stealth’ bear market is ‘one of the most significant opportunities’ – The Kobeissi Letter

[polygonal bull and bear shape writing by lines and dots over Innovation Technology background, trading and finance investment concept] The S&P 500 (SP500 [https://seekingalpha.com/symbol/SP500]) is trading just 2% away from a record high, yet analysts at The Kobeissi Letter argue the market is simultaneously experiencing a “stealth” bear market that represents "one of the most significant opportunities in today's market." According to the financial research firm, 84% of S&P 500 (SP500 [https://seekingalpha.com/symbol/SP500]) stocks are now trading at least 10% below their all-time highs, creating what they call a historic "Bull-Bear" market paradox.