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  • Lance Roberts said it’s tough to be either bullish or bearish on stocks right now.
  • But he told Insider what he’ll be watching to spot when a bottom has arrived.
  • He also shared what he’s most bullish on in the stock and bond markets at the moment. 

Lance Roberts isn’t going to pretend he knows where the stock market is heading in the months ahead. 

“You really have a mixed bag of events. I could make you a very bearish argument and say, ‘look at these indicators, and this all tells you we’re about to have a major bear market,'” Roberts, the CIO at RIA Advisors, told Insider on Thursday. “And then I could give you a full set of indicators that say, ‘bottom’s in and we’re probably going higher from here.”

Roberts, who has been working in financial markets since 1996, said he is 50/50 bearish and bullish on stocks as they try to bounce back from a rough start to 2022. The S&P 500 is down about 10.7% year-to-date, and the tech-heavy Nasdaq Composite is down nearly 19% 

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