If this is indeed a new Bull market, we have so made it about halfway to the median duration point of prior rallies.
Median Bull Markets = 2.6 Years
Source: Investech Research
This finding is consistent with several of the other indicators and historical comparables (first 5% sell off, Presidential Cycle) we track.
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Quote of the Day:
“Be thou bovine or be thou ursine, thy blessings will be bounteous. But be thou porcine and thy woes shall multiply.”