Sentences with phrase «cyclical bull market peaks»

But the fact that they coincide with so many important cyclical bull market peaks says something about how those peaks are formed.

Not exact matches

After the third longest bull market advance on record, fresh deterioration in key trend - following components within our measures of market internals (see Support Drops Away) recently joined this extended, overvalued, overbought, overbullish peak, even as the S&P 500 hovers at the top of its monthly Bollinger bands (two standard deviations above the 20 - period average) and cyclical momentum rolls over from a 9 - year high.

We believe a case can be made that the recent market peak signals the end of this historic cyclical bull run.

Essentially, a secular bull period comprises several cyclical bull - bear cycles, where each bull market achieves a successively higher level of market valuation at its peak.