Bear-baiting is illegal in a majority of states that allow bear-hunting, but on Wall Street it’s happening right out in the open.
The markets have dangled in front of the bear den a weaker-than-hoped jobs report Friday, which took its three-month average payroll gain to minimal levels mostly seen ahead of recessions. Nvidia, the biggest stock in the universe and the principal vehicle of this bull market’s most propulsive theme, has fallen 8% and cracked below its 50-day average in seven trading days since posting a stellar quarter. Bitcoin has traced out a similar pullback pattern in breaching the same trend line, falling 10% from its August peak.
Source: https://www.cnbc.com/2025/09/06/nvidias-breakdown-dismal-jobs-report-and-other-ills-fail-to-slow-down-this-bull-market-by-much-yet.html