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Tuesday, August 21, 2018 8:08:40 AM
The Real Longest Bull Market Ever
By: Bespoke Investment Group | August 20, 2018
The Nasdaq 100’s current bull market has lasted 3,534 calendar days (from 11/20/08 through its most recent high on 7/25/18). As shown in the chart below, that’s easily its longest on record since the index began in 1985.
While the current Nasdaq 100 bull is easily the longest on record, it’s still not the strongest. The 1990s bull that ran from October 1990 through July 1998 saw the index gain 787.37% before it eventually fell into a short bear market in July/August ’98. The current bull for the Nasdaq has only seen a gain of 624.41%.
In addition to being in its longest bull market ever, the Nasdaq 100 is also in the midst of another record streak.
As shown below, the index has now closed above its 200-day moving average for a record 536 trading days dating back to July 6th, 2016. That’s well above the 396-trading day streak that ended in May 2000 and the 451-trading day streak that ended in October 2014.
https://www.bespokepremium.com/think-big-blog/the-real-longest-bull-market-ever/
• DiscoverGold
By: Bespoke Investment Group | August 20, 2018
The Nasdaq 100’s current bull market has lasted 3,534 calendar days (from 11/20/08 through its most recent high on 7/25/18). As shown in the chart below, that’s easily its longest on record since the index began in 1985.
While the current Nasdaq 100 bull is easily the longest on record, it’s still not the strongest. The 1990s bull that ran from October 1990 through July 1998 saw the index gain 787.37% before it eventually fell into a short bear market in July/August ’98. The current bull for the Nasdaq has only seen a gain of 624.41%.
In addition to being in its longest bull market ever, the Nasdaq 100 is also in the midst of another record streak.
As shown below, the index has now closed above its 200-day moving average for a record 536 trading days dating back to July 6th, 2016. That’s well above the 396-trading day streak that ended in May 2000 and the 451-trading day streak that ended in October 2014.
https://www.bespokepremium.com/think-big-blog/the-real-longest-bull-market-ever/
• DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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