That was
a long secular bull market.
That was
a long secular bull market.
Not exact matches
The whole way through the
secular bull market a
long streak of no 2 % down days was followed by a decline once one happened.
Generally speaking, all commodities have been in a
long - term
secular bull market since the early 2000s.
Based on the
long - term chart pattern, XLE is still clearly in a
secular bull market (which officially began in July 2002).
Clearly, there are cracks in the
long - term
secular bull market trend.
As
long as KBE stays above 20.15 on a weekly closing basis, the ETF is most likely in the middle stages of a
secular bull market.
As the economy or the Fed reverses the adverse inflation - rate trend back toward price stability, P / E will trough at its lows and begin the
long climb that drives
secular bull markets.
Based on the
long - term chart pattern, TLT is still in a
secular bull market (despite the sharp decline during the past 15 months).
Based purely on
long - term cycles, a successful argument could be made that we have been in a
secular commodity
bull market since the turn of the century in 2000.
A
secular (
long - lasting)
bull market is one with an increasing price - to - earnings ratio P / E.
These
longer cycles drive what are called «
secular»
bull and bear
markets.
My Latch and Hold investigations showed that it has been a good idea to maintain a high stock allocation during the upward trend of a
long lasting (
secular)
bull market.
With silver at decades -
long highs, an obvious question one has to consider is whether this is a bubble ready to burst, a continuation of a
secular bull trend, or simply that this is another efficient
market example where prices do reflect the appropriate value based on all
market information known at this time.
If the
market is ever to enjoy a
secular bull market period again, we have to accept the potential for valuations to achieve levels that have corresponded to the beginning of those
secular advances, but that's a very
long - term issue.
Bulls, Bears and P / E10 Predictions I took advantage of Ed Easterling's research to define the beginning and end of
secular (
long lasting)
Bull Markets and
secular Bear
Markets.
The book covers the factors that move Gold, why Gold fell into a
long bear
market that would end soon, why Gold's
secular bull market would resume and why gold mining stocks were / are the buy of a lifetime.
In a
secular bull market, «they're no
longer cheap» is a particularly insidious rationale for selling.
I used Ed Easterling's definitions for the timing of
long lasting (
secular)
Bull Markets and Bear
Markets during the twentieth century.
It introduced the ability to distinguish among
long lasting (
secular)
Bull Markets, Bear
Markets and Neutral
Markets.
There is one during
long lasting (
secular)
bull markets.
The question is whether we entered a new
long - term
secular bull market in 2010 or 2011 and how
long will it last.
We expect Asian
markets to continue a
long - term
secular bull phase, reflecting the economic growth in those countries, although
markets will probably experience corrections along the way.»
In this study, I quantify the effect of
long lasting (
secular)
market trends (
bull markets and bear
markets).
The second assumes a
long lasting (
secular)
Bull Market starting from P / E10 = 9.0.
One distribution applies during
long lasting (
secular)
bull markets, the other during
long lasting (
secular) bear
markets.
Especially for a
long - term
Secular Bull Market.
Prior to the last
secular bull market, the
market was in a
long term
secular bear
market which lasted from 1966 to 1982.
In summary, history shows us that the stock
market moves in
long secular bull and bear
market trends lasting 15 - 20 years on average.
Therefore, while the stock brokers advice to hold for the
long term was good advice for a
secular bull market, it is totally the wrong strategy for a new
secular bear
market.
As you can see, there were cyclical
bull and bear
markets during this
long term
secular bear
market.
As you can see, this
secular bear
market was typical of most
secular bear
markets, such as the one from 1966 - 1982, composed of mostly vicious cyclical
bull and bear
markets that result in a mostly sideways
long term movement.