Next Market Peak

-

Next Market Peak

Here’s a look at the last five major bear markets (including 2022), and the number of days it took for the stock market to go from one peak to the next:

Market Peak

Market Trough

Next Market Peak

Total # of Days

November 28, 1980

August 12, 1982

November 3, 1982

705

March 24, 2000

October 9, 2002

May 30, 2007

2,623

October 9, 2007

March 9, 2009

March 28, 2013

1,997

February 19, 2020

March 23, 2020

August 18, 2020

181

January 3, 2022

???

???

???

Source: A Wealth of Common Sense 3

The pandemic-driven bear market of 2020 marked the fastest round trip (181 days) to a new peak since 1950, but I think we can classify it as an outlier given the circumstances. Beyond that bear market, the shortest amount of time it took for the market to get back to a previous peak happened in 1950, when it took 436 days. Consider that since 1950, the average number of days it took the stock market to return to a peak is 1,166 – or over three years.

That’s a long time. 

Comments

Post a Comment

Popular posts from this blog

Layoffs will increase to match 2018 levels which should be another 400,000

-
Image
 Layoffs will increase to match 2018 levels which should be another 400,000 How bad are the layoffs? Tech  has been hit hard by layoffs. Are these layoffs a leading indicator of greater economic problems, or a natural reset after unsustainable healthy growth?  We're not going to be able to answer that question definitively, but we're going to dig into jobs numbers to contextualize what's going on. To start, we updated the data behind our  article on the Great Resignation .
Read more

NYMO and NAMO Indicators

-
Image
 NYMO and NAMO Indicators Take a look at the McClellan Oscillators for the NYSE and the Nasdaq (NYMO and NAMO)… (Click here to expand image) (Click here to expand image) These are momentum-based indicators that help determine overbought and oversold conditions.  Readings of more than 60 indicate severely overbought conditions and often precede large declines in the markets. Readings of less than -60 express extremely oversold conditions and usually lead to strong bounces in stock prices. Both indicators closed in the extremely overbought territory last Friday. This is the sixth time in the past year that both the NYMO and the NAMO have been above 60 at the same time. Now, here’s how the S&P 500 performed after the four previous times… The market fell almost immediately following all five of the previous setups. The setup in mid-July led to only a brief, short-term pullback – lasting about one week. The S&P 500 then went on to rally about 10% over the next month into a ...
Read more

Critical Thinking, Logic & Problem Solving The Ultimate Guide to Better Thinking, Systematic Problem Solving and Making Impeccable Decisions with Secret Tips to Detect Logical Fallacies Bigrock Thinking

-
Image
  Critical Thinking, Logic & Problem Solving The Ultimate Guide to Better Thinking, Systematic Problem Solving and Making Impeccable Decisions with Secret Tips to Detect Logical Fallacies Bigrock Thinking Have you ever wished you were a more effective thinker? Do you feel overwhelmed when presented with a problem? In  Critical Thinking, Logic & Problem Solving , Bigrocks Thinking explains how you can enhance your critical thinking and problem-solving abilities to improve your learning, your work, and your personal life. The authors provide a step-by-step method for improving your ability to think critically and solve problems. They offer tips for conducting and thinking about research and information, covering issues like source reliability and logical fallacies. They also explain how to develop and implement solutions to problems, and they provide guidance on how to structure your thinking for effective communication and powerful storytelling. In our guide, we’ll also...
Read more