The stock market is echoing 2009-10 — and that means a pullback could be near, analysts warn

MarketWatch2021-02-09

Economy, markets ‘in a very different place than in 1999-2000’: Cannacord’s Dwyer A highflying stock market is reminding nervous investors of the 2000 dot-com bubble burst, but they might be better ...

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Comments

龙疼虎乐
2021-02-09
龙疼虎乐
我正打算清倉呢[齜牙] 快點兒崩啊[保佑] [保佑] [保佑]
- KlinsmannMCW:
  hm
TraderJo98
2021-02-09
TraderJo98
Oh no!
Bxxxxxxx
2021-02-09
Bxxxxxxx
Invest wisely!
Nawfal
2021-02-09
Nawfal
I see
Kennyboy
2021-02-09
Kennyboy
Hmm
Iamkpy
2021-02-09
Iamkpy
??????

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In the 218 days after the March 9, 2009, low, the index rose 70%, according to Dow Jones Market Data.\nAt this point in the post-2009 playbook, the S&P 500 began a pullback. This time around, the S&P 500 has continued to march higher, logging back-to-back record finishes on Thursday and Friday and was up 0.4% in early afternoon trade on Monday.\nAfter a late January wobble tied to the trading frenzy around GameStop Corp.,stocks have enjoyed a broad February rally. The Dow Jones Industrial Averagewas up around 150 points, or 0.5%, on Monday, on track to top its record close from Jan. 20.\nDataTrek Research co-founder Nicholas Colas, who has regularly highlighted the “2009 playbook” since the March lows, noted last week that the 2010 pullback was pretty much a “textbook” affair, with the S&P 500 falling 8.2% over 13 trading days. The index recovered over the following 30 trading days, ending March 2010 at new highs, he said.\nColas said the observation wasn’t “so much a trading call as an illustration of what happens as we get deeper into a cyclical recovery.”\nHe noted that the 2020 chart has diverged from the 2009 path several times and might continue to do so in 2021, but argued that with so many observers looking for a pullback, the playbook might offer guidance “on what to expect and where to start buying.”\nMeanwhile, Dwyer highlighted another echo of 2010. He noted that since the start of earnings season, according to Refinitiv data, fourth-quarter 2020 year-over-year earnings have improved by 11.9 percentage points (from -10.3% to +1.6%), the fifth-largest improvement on record dating back to the third quarter of 2002 and matched only by the 2009-10 recovery.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":383189674,"gmtCreate":1612852291798,"gmtModify":1704874958933,"author":{"id":"3482550532367433","authorId":"3482550532367433","name":"龙疼虎乐","avatar":"https://static.laohu8.com/1530cc5cd548815469551d0b8c1c8ee8","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"我正打算清倉呢[齜牙]&nbsp;快點兒崩啊[保佑]&nbsp;[保佑]&nbsp;[保佑]&nbsp;","listText":"我正打算清倉呢[齜牙]&nbsp;快點兒崩啊[保佑]&nbsp;[保佑]&nbsp;[保佑]&nbsp;","text":"我正打算清倉呢[齜牙] 快點兒崩啊[保佑] [保佑] [保佑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/383189674","repostId":2110032585,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3524723,"gmtCreate":1612862154178,"gmtModify":1680776214806,"authorId":3562180773802317,"author":{"id":3562180773802317,"authorId":3562180773802317,"name":"KlinsmannMCW","avatar":"https://static.tigerbbs.com/0f7752e194abe9a2ec7c8dae4bf1a574","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":383189674,"type":1,"supId":0,"prevId":0,"content":"hm","text":"hm","html":"hm"}],"langContent":"CN"},{"id":383137111,"gmtCreate":1612850150333,"gmtModify":1704874942881,"author":{"id":"3555067011639600","authorId":"3555067011639600","name":"TraderJo98","avatar":"https://static.tigerbbs.com/4b2fb6c4a2935a517c3b7b2963f0308e","vip":1,"crmLevel":1,"crmLevelSwitch":1},"htmlText":"Oh no!","listText":"Oh no!","text":"Oh no!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383137111","repostId":2110032585,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":383198187,"gmtCreate":1612847687349,"gmtModify":1704874924718,"author":{"id":"3573726162264021","authorId":"3573726162264021","name":"Bxxxxxxx","avatar":"https://static.tigerbbs.com/ea3a59ae852c51853cfd7a0e8de13654","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Invest wisely!","listText":"Invest wisely!","text":"Invest wisely!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383198187","repostId":2110032585,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":383107043,"gmtCreate":1612846735782,"gmtModify":1704874917419,"author":{"id":"3570759460235131","authorId":"3570759460235131","name":"Nawfal","avatar":"https://static.tigerbbs.com/96dec3b50ae92744942b9153dced738c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383107043","repostId":2110032585,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":383105448,"gmtCreate":1612846489084,"gmtModify":1704874916438,"author":{"id":"3556093005243482","authorId":"3556093005243482","name":"Kennyboy","avatar":"https://static.tigerbbs.com/8b3531f8d688abadbf655a65bfe6ea6c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383105448","repostId":2110032585,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":383105203,"gmtCreate":1612846431502,"gmtModify":1704874915629,"author":{"id":"3573452000639292","authorId":"3573452000639292","name":"Iamkpy","avatar":"https://static.tigerbbs.com/2ee993a4988fd922ff48245cf339d81f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"??????","listText":"??????","text":"??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383105203","repostId":2110032585,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":17,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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