{"id":2069,"date":"2018-08-22T13:32:02","date_gmt":"2018-08-22T12:32:02","guid":{"rendered":"http:\/\/www.wasteyourtime.co\/?p=2069"},"modified":"2019-09-06T11:53:19","modified_gmt":"2019-09-06T10:53:19","slug":"are-we-witnesses-of-the-historical-period-on-the-stock-market","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2018\/08\/are-we-witnesses-of-the-historical-period-on-the-stock-market\/","title":{"rendered":"Are we witnesses of the historical period on the stock market?"},"content":{"rendered":"<p style=\"text-align: right;\"><i><span style=\"font-weight: 400;\">1 min read<\/span><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2028\" src=\"http:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/what-are-basic-types-of-forex-trading-2-e1534333450293.jpg\" alt=\"What are basic types of Forex trading? 1\" width=\"700\" height=\"527\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Is this really the historical period on the stock market?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Longest Bull Market in History?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Media reports that the US <a href=\"https:\/\/traders-paradise.com\/magazine\/2019\/03\/financial-markets\/\">stock market<\/a> broke the record for longevity on August 22, 2018. And some portals were ecstatic with this information and published articles about this &#8221;historical record&#8221;.<\/span><\/p>\n<p><strong>This would be quite a success if it is true. But, many experts claim it is not.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The true fact is that the <a href=\"https:\/\/traders-paradise.com\/magazine\/2019\/02\/stock-market-corrections\/\">longest run<\/a><\/span><span style=\"font-weight: 400;\">\u00a0belongs to the 12 1\/2-year periods running from October 1987 through March 2000. The present bull market started in 2009, will need to wait till 2021 to beat that record.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to some media and <a href=\"http:\/\/traders-paradise.com\/magazine\/2018\/08\/how-to-research-and-choose-stock\">experts<\/a>, bull markets are rallies that go beyond 20 percent and are never interrupted by a 20 percent fall. By the rules of Wall Street, that means the S&amp;P 500 rally that began in March 2009 will surpass all that went before it on Wednesday.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/08\/are-we-witnesses-of-the-historical-period-on-the-stock-market\/#Historical_period_on_the_stock_market\" >Historical period on the stock market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/08\/are-we-witnesses-of-the-historical-period-on-the-stock-market\/#What_is_historical_here\" >What is historical here?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Historical_period_on_the_stock_market\"><\/span>Historical period on the stock market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">&#8221;It may be peaking&#8221;, said Jim Paulsen, chief investment strategist at Leuthold Group.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s the problem: the rules aren\u2019t made from stone. They\u2019re not laws and even they are, people make them. So, that means the rules are not perfect and they are changeable. The 20 percent threshold people understand as arbitrary, false, an creation, fake. Experts disagree on everything and that&#8217;s good.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIf you round the data, you\u2019re going to get a certain number of bull <a href=\"http:\/\/traders-paradise.com\/magazine\/2018\/07\/good-and-bad-investment\">markets<\/a>. If you don\u2019t round, you\u2019re going to get a different number,\u201d Justin Walters, co-founder of Bespoke Investment Group LLC, said by phone. \u201cIf you want to do that, that\u2019s fine, but it\u2019s not using the standard 20 percent definition.\u201d<\/span><\/p>\n<p><strong>If you want to start a fight on Wall Street just ask how old the current bull market will be on Wednesday.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">\u201cHold the champagne! This is not the longest bull market on record or since WWII as the current buzz on the Street would have you believe,\u201d wrote Jeff Hirsch, editor of the Stock Trader\u2019s Almanac, in his blog post.<\/span><br \/>\n<span style=\"font-weight: 400;\">As Hirsch\u2019s post shows, that calculation doesn&#8217;t sit well with some analysts, though not always for the same cause.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, Sam Stovall, chief investment strategist at CFRA, noted objections that argue the current bull would have to run until April 3, 2021, to claim the crown. In this case, the rub doesn\u2019t have to do with dating the start of the bull market back to March 2009. Instead, it hinges on the contention that the 1990s bull market actually ran longer than it is widely credited.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_historical_here\"><\/span>What is historical here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">&#8221;Using Ned Davis rules the longest bull began on October 11, 1990, and ran for 2836 calendar days until July 17, 1998. The current bull that began on February 11, 2016, would have to run until November 17, 2023, to beat it.&#8221; wrote Hirsch.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So what conclusion we can have if this bull may be younger than we think?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What we should focus on is performance. If we take this is indeed the longest bull market in history, let\u2019s focus on returns. Through that point of view, the current bull market has returned just over 320 percent, while the bull market of the 1990s gained nearly 420 percent. To break that record would really be an achievement worth celebrating.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is impossible to prevent anyone from celebrating or drink champagne, but do it when you have the real reason based on irrefutable facts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Till then: Markets go up, markets go down.<\/span><\/p>\n<p><a href=\"https:\/\/traders-paradise.com\/magazine\/2018\/07\/money-risk-trading\/\"><b>Risk Disclosure (read carefully!)<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1 min read Is this really the historical period on the stock market? Longest Bull Market in History?\u00a0 Media reports that the US stock market broke the record for longevity on August 22, 2018. And some portals were ecstatic with this information and published articles about this &#8221;historical record&#8221;. This would be quite a success [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":11011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1004,1005],"tags":[392,215,113,393,182,104],"class_list":["post-2069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-financial-news","category-market-today","tag-bull-market","tag-history","tag-investing","tag-longest-bull-market-in-history","tag-stock-market","tag-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Are we witnesses of the historical period on the stock market? - Traders-Paradise<\/title>\n<meta name=\"description\" content=\"Historical 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