Stocks markets around the world saw huge gains between 2003 and 2006, and mid-2007 was
the peak of that long bull market.
Not exact matches
One
of the reasons that stocks appear so attractive at the
peak of a
bull market is that most investors fail to properly measure
long - term growth.
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.
«Over the past 25 years, every backup in yields failed to exceed the previous backup,» which was one
of the technical hallmarks
of the
long - term
bull market for bonds dating back to the
peak in yields in the early 1980s, Yamada said.