Account Info
Log Out
English
Back
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

Don’t confuse brains with a bull market

$S&P 500 Index (.SPX.US)$ There’s a saying on Wall Street: Don’t confuse brains with a bull market.
After all, when most stocks are gaining day after day, it’s easy to look smart. Indeed, the market has been in bull mode for so much of the last decade-plus, it's hard to remember what challenging investing looks like.
Technical analysts differ on the definition of a bull market, but by one measure the S&P 500 confirmed it's in a bull on Aug. 18, 2020, when it closed above its previous all-time high recorded earlier in the year, on Feb. 19.
The S&P 500's longest bull market in history began in March 2009 and ended abruptly in March 2020, clobbered by coronavirus fears. The ensuing bear market cut fast and deep, but bottomed out in late March. About a month after its nadir, the market returned to bull-market territory and just kept chugging along.
Justified or not, those of us who have stuck around in stocks are probably feeling pretty brainy these days.
Don’t confuse brains with a bull market
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
29
+0
7
Translate
Report
33K Views
Comment
Sign in to post a comment