Sure, there's always a bull market somewhere... but you won't find one in the five markets below. Each one looks especially ugly when you peel back the onion.
1. JAPAN
https://twitter.com/KeithMcCullough/status/712930214515490820
2. Australia
https://twitter.com/KeithMcCullough/status/712931657003769856
3. Germany
https://twitter.com/KeithMcCullough/status/712932718057754624
4. Russell 2000
https://twitter.com/KeithMcCullough/status/712933132262064131
5. CRB Index (commodities)
https://twitter.com/KeithMcCullough/status/712934692316659714
You'll note that each one of these markets have been consistently making lower highs. The lesson here? Fairly simple. Don't blindly fish for bottoms in falling markets.