Legit to be Concerned

Markets go up and down. However, it is important to recognise a 🐻 market as it is differentiated by a prolonged downturn and causes. The current bear market is due to inflation and supply chain issues caused by covid and the war. I think one should wait to buy tech stocks as there are still scope for their prices to go down further as the above mentioned causes are still present. I intend to buy tech stocks on the cheap to hold for the long term only when I see clear signs of these causes abating. In the meantime, avoid tech stocks and buy stocks that will thrive in the current bear market. i.e. commodity, defence, fertilizers, China stocks that sell goods to Russia etc.