Prior to the advance of recent years, the list of these instances was: August 1929,
the week of the bull market peak; August 1972, after which the S&P 500 would advance about 7 % by year - end, and then drop by half; August 1987,
the week of the bull market peak; July 1999, just before an abrupt 12 % market correction, with a secondary signal in March 2000, the week of the final market peak; and July 2007, within a few points of the final peak in the S&P 500, with a secondary signal in October 2007, the week of that bull final market peak.
During the first
weeks of the bull markets beginning in 1971, 1982, and 2003 the market rallied impressively in a short period of time.
Not exact matches
This calm has been reflected in the trend
of the 52 -
week average
of the
Bull / Bear Ratio compiled by Investors Intelligence.
here is the
week surrounding Sept. 21, when the city celebrates the start
of the annual grape harvest with its San Mateo festival, featuring parades, local music and,
of course, a
bull fight.
«The
bull case has eroded a little bit,» Lori Calvasina, head
of equity strategy at RBC Capital Markets, told CNBC's «Futures Now» last
week.
Steep market sell - offs trapped
bulls above a key level
of resistance this
week, according to one technician.
What's more, the rally doesn't appear to be done, with UBS analysts making the case last
week that we're in the early stages
of a new
bull run.
Because biotech has been one
of the strongest industry sectors for many months
of the current
bull run, it will be important to see how $ IBB reacts in the coming
weeks.
Overall, recent
weeks can be summarized as a tug -
of - war between the
bull bears, with neither team showing convincing dominance.
Although yesterday's action in the Nasdaq could easily lead to a near - term pullback from the recent highs, we can not rule out the possibility
of a strong recovery today, as
bull markets tend to close out the
week in bullish fashion.
The recent price action
of the past two
weeks would suggest that the
bulls will have a difficult time pushing SPY above 280.23.
If sellers become exhausted in the coming
weeks, the price should make new highs for the year... The long - term Bitcoin chart is extremely bullish, with solid support for the current
bull market in the form
of extreme volume.»
Brian Kelly, CEO and founder
of BKCM and a CNBC contributor, told CNBC this
week that the cryptocurrency was «in the first years
of what is likely to be a multi-year
bull market.
The favorable market performance associated with many historical economic expansions is fully accounted for by 1) favorable post-recession valuations, with the S&P 500 averaging less than 9 times prior peak earnings at the recession low, expanding to just over 11 times peak earnings in the first year
of the
bull market, and 2) favorable trend uniformity, which typically emerges almost immediately in the form
of a powerful breadth thrust off
of a bear market low, and is confirmed within a few
weeks by much broader trend uniformity.
The S&P 500 is still up 3.3 % through the first five
weeks of the year, which even the most brazen
bulls should be cool with, considering that stocks were up 20 % in 2017 and the last time they had a down year, the iPad had yet to be invented.
Natural gas reached its 52 -
week low in April 2016
of $ 2.64, followed by increased volatility due to unseasonably warm weather that crimped its
bull run in early 2017.
After several massive swings in price, the most recent leg
of the
bull market has seen the S&P 500 (GSPC) go from 2,038 at the beginning
of the year to a low
of 1,810 on Feb 10 all the way up to 2,080 this past
week.
Using weekly worldwide normalized search volumes for «XLF» (for the «Finance» category only) and XLF weekly dividend - adjusted prices during July 2007 through most
of July 2012 (260
weeks), and weekly worldwide normalized search volumes for «
bull market» and «bear market» (across all categories) and S&P 500 Index weekly levels during January 2004 through most
of July 2012 (446
weeks), we find that: Keep Reading
Selling Pressure not only dropped [last
week], but reaffirmed its long - term downtrend by recording its lowest reading since the start
of the
bull market in 2009.
Over the weekend, the cryptocurrency clocked a three -
week high
of $ 8,458 on Bitfinex, adding credence to the short - term
bull reversal confirmed last Thursday.
The
Bulls vs. Bears Death Match Intensifies A few
weeks ago, I wrote an article describing the current state
of -LSB-...]
The FT ran a story this
week that tried to correlate a decline in precious metals ETF flows with the end
of the
bull market in gold.
In 1987, for example, the break following the August
bull market peak was largely recovered over the course
of several
weeks before failing rapidly in October.
However, when considered towards the backdrop
of the bullish doji reversal (
of the earlier
week), it seems the
bulls have suffered a defeat.
Interestingly, the crypto market's fundamentals haven't changed very much over the past six
weeks and have remained remarkably steady since the
bull market rally
of 2017 and early 2018.
So I have to say that the weakness last
week was probably just another bout
of a literal summer storm in what is still a protracted
bull market.
Over the first six
weeks of the year, the Dow Jones Industrial Average declined 10 %, as the prospect
of interest rate hikes by the Federal Reserve, a slump in oil prices, and concerns about economic conditions in Europe and China caused the long - running
bull market to stumble.
The muted nature likely disappointed the
bulls, especially considering an impressive first - quarter GDP reading (the first
of several in the coming
weeks) that initially drove most stocks higher in value.
But our view that the broader
bull market still has gas left in the tank is supported by the positive foundation
of further economic and earnings growth, as last
week demonstrated.
The
bull market has wobbled a bit in March, as investor unease has risen in the face
of unsettling developments in Ukraine and concerns about the prospect
of higher interest rates in the U.S. Still, the major market benchmarks managed to show modest gains for the six -
week period end March 25th.
The current
bull market for U.S. stocks turns eight this
week, providing investors with an ideal opportunity to look back on some
of the best - performing stocks and exchange - traded funds over the past eight years.
Companies executing repurchases through Bank
of America Corp. have bought about $ 9 billion
of shares in 2016, the second - busiest start to a year since the
bull market began in 2009, the bank said in a research note last
week.
You've probably already heard that this
week marks the eighth anniversary
of the
bull market.
The chart below captures a fairly simple filter
of instances when the market lost 5 % or more over a 2 -
week period, from a market peak in the prior 6
weeks (within 5 %
of the prior 52 -
week high) that was characterized by a Shiller P / E over 19, more than 50 % advisory
bulls, and fewer than 25 % advisory bears.
And one
of the ones that we've seen a lot in the last couple
of weeks, just before this big move, was that because the VIX is at 27 year lows, that means the
bull market's ending, and we're going to have a big crash.
The
bulls had done well in holding on to their gains that they had made over the last couple
of weeks but still they have been unable to push through higher through the highs
of the range.
The
Bulls vs. Bears Death Match Intensifies A few weeks ago, I wrote an article describing the current state of the market as a death match between two camps — the bulls and the b
Bulls vs. Bears Death Match Intensifies A few
weeks ago, I wrote an article describing the current state
of the market as a death match between two camps — the
bulls and the b
bulls and the bears.
This
week we have part two
of «
Bull's Eye Investing Ten Years Later,» which we started last
week.
Last
week the 10 - year broke out from its month long slumber and narrow consolidation band to extended its 4 - month downmove to a 0.618 retracement
of the 2.5 year upmove and is within striking distance
of its 2.5 year
Bull trend line.
Cardano was one
of the fastest growing names
of the past
week - the currency jumped by 10 - 15 % on a daily basis and almost went 100 % up compared to where the recent
bull - run started from.
Now, if at the end
of last
week not just one, but several gold
bulls have indeed advanced the argument that one should be bullish on gold «because gold stocks are outperforming gold», then we want to know where precisely this nest
of anonymous gold
bulls is located, and what they are smoking there.
After last
week's minor recovery the 30 - year U.S. Treasury Bond extended its breakout from its 2.5 - year lower
Bull channel line (163 - 26) and plunged to extend its 4 - month downmove to levels not seen since the beginning
of the year.
Boniface VIII, who in his
bull Unam sanctam had registered the high - water mark
of Papal claims to supremacy over civil rulers, was imprisoned by King Philip the Fair, who was augmenting the French royal authority, and, although soon released, died within a few
weeks.
Longshadow Ranch Winery Bonfire Saturday Nights / 6p - 10 pm every Saturday through October / Free Admission / Come on by and bring the family out to enjoy Live Music with different artists each
week along with our fine wines and craft brews, mechanical
bull rides, petting zoo, full snack bar and tons
of family fun!
DataGene said the ABVs released this
week highlighted a trend that more young Holstein
bulls of high quality had come through the ranks over the past year.
The Chicago
Bulls and Orlando Magic played on national television just a couple
of weeks ago, prior to the NBA trade deadline, with the big story being that the best player from one
of the team's likely wouldn't be in the lineup when they met this time around.
29.79 to 1 Ratio
of career dollars fined ($ 185,500) to career points scored (6,225) for the Chicago
Bulls» Dennis Rodman after he was zapped for $ 50,000 last
week for disparaging remarks he made about Mormons.
After two straight losses and two off days to stew on it, Crosby shot out
of the gates in Game 5 like a
bull trapped in a phone booth for three
weeks.
There will be a couple
of weeks / months
of this
bull shit, there will be endless arguments here and finally both sides will settle on somewhere between a 60 — 40 and 70 — 30 split and we will all have the fight we want.
e. I was a paying a little bit
of attention to the NBA when the Celts went down 2 - 0 at home to the
Bulls, and not much after that because
of the nuttiness
of the draft for a
week or so.