English
Back
Download
Log in to access Online Inquiry
Back to the Top
Biggest market gain since June: How long will the bull last?
Views 484K Contents 76

Test your knowledge - what defines a bull market?

$S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ A bull market is broadly defined as one that rises over time without falling more than 20% from its peak during the period.
After the recent correction, the stock market seems to be back on track with the Dow Jones Industrial Average posting its biggest one-week percentage gain since June. The S&P 500 also recorded its largest single-week gain since July.
There are caveats to add. The 20% fall in 1990 was actually a 19.92% but rounding up has led to a consensus that a new bull market began then.
You should also note that the definitions are based on closing prices. An intra-day fall in 2011, which took the market down more than 20% from its high, would have broken the current bull market, making it only seven years long.
Test your knowledge - what defines a bull market?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
Translate
Report
13K Views
Comment
Sign in to post a comment
314Followers
7Following
431Visitors
Follow