Bull markets are generally characterized by a sustained upward trend in stock prices, accompanied by positive investor sentiment and economic growth. The duration of a bull market can vary significantly and is influenced by various factors, including economic conditions, market cycles, and investor behavior.
Historically, bull markets have lasted anywhere from a few months to several years. Here are some notable bull markets and their durations:
The bull market of the 1990s: This was one of the longest and most significant bull markets in history, lasting from 1990 to 2000. It was driven by factors such as the dot-com boom, strong economic growth, and low inflation.
The bull market from 2009 to 2020: This bull market began in March 2009 after the global financial crisis and lasted for over a decade. It was fueled by factors such as accommodative monetary policies, corporate earnings growth, and a gradual economic recovery.
The current bull market: As of now, the bull market that began in March 2020 is still ongoing. It was initially driven by massive fiscal and monetary stimulus in response to the COVID-19 pandemic. The duration of this bull market will depend on factors such as the pace of economic recovery, corporate earnings, and market sentiment.
recent cool inflation data stoked the bulls to drive the us market to new all time highs. the pnf charts of $DJIA(.DJI)$ $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ showed a push above uncharted territory. .ukx is the index tracking the 100 largest market capitalization companies in the uk. it is hovering in the new all time high zone after uk exits recession. bank of England may cut interest rates. ecb may also cut rates as inflation is receding as projected and it doesn't want to fall behind the curve.
looking at the pnf charts, if they are to pullback, they might pullback to 38,529, 5082, 15,711 respectively.
do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.
merci@TigerStars @TigerWire @Daily_Discussion @Asphen @koolgal
Comments
Until next week when $NVIDIA Corp(NVDA)$ has its earning
Is it a bull market now?