Most modern bull markets (since the 1970’s) are quite long with an average length of about 2400 days. See table below. All bulls except the Aug 1982 – Aug 1987 bull were rebound bulls. A rebound bull is a long advance that follows a bear market that was caused by a crisis.
The
Oct 1974 – Nov 1980 bull was a rebound from the 1973 Arab Oil Embargo Crisis
The
Dec 1987 - Mar 2000 bull was a rebound from the Bank Liquidity Black Monday
Crisis
The
Oct 2002 – Oct 2007 bull was a rebound from the Y2K Panic & Dot-com Crash
The
Mar 2009 – to date bull was a rebound from the Global Financial Crisis
Average
Bull Market Gain = 239%
Average
Bull Market Length in Years = 6.49
Total
# of Days Oct' 74 Through Aug' 13 = 13979 days
Total
# of Bull Market Days Oct' 74 Through Aug' 13 = 11844 days
Total
# of Bear Market Days Nov' 80 Through Aug' 13 = 2135 days
Total
% of Bull Market Days Oct' 74 Through Aug '13 = 85%
In
summary – the average modern bull (since the 1970’s) spans about 2369 days or
6.5 years.
The
current bull now at 1586 days may run for another 800+ days.
The
total amount of bull market days since October 1974 to date is about 11844
days.
Since
Oct 1974 the S&P500 has been in a bull phase about 85% of the time
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