Market History Rhymes


Location Date: 
March 6, 2014
Content: 

From our friends at Newedge comes this interesting note.  The current bull market is having its fifth birthday today!  From the low on the S&P 500 of 666 in 2009 to today's 1880 (at time of writing) we have a cool 182% price gain! I am sure everyone out there got the bottom right. For those interested in symmetry and historical precedents, the last bull market lasted exactly 5 years and 1 day (October 10th, 2002 to October 11th, 2007) - see chart below.

 

One day fair warning!

Jim McGovern