20 Truths About the Stock Market

Ivan Hoff of Ivanhoff Capital put together a solid list of 20 truths regarding the stock market.

Here is the link to the full list.  First three are below

1. Stock prices run in cycles. Periods of re-pricing are usually quick and powerful and then they are followed by trendless consolidation.
2. Stocks are very highly correlated during drastic selloffs and during the initial stage of the recovery. In general, correlation is high during bear markets.
3. Bull markets are markets of stocks, where there are both winners and losers. When the market averages consolidate, there are stocks that will break out or down, revealing the intentions of institutional buyers.