Equity Bull Market Turns TwoOn Market Watch by David Callaway March 9, 2011
Two years ago the S & P 500 set a bottom and has since risen 99%. Even after this substantial rally the S & P 500 is still down 15.8% from its high. The third year of this bull market has the potential to provide many potentially profitable trading opportunities with the market moving in a more volatile manner. Here are two trading statistics which you should keep in mind. #1: 89% of the time the stock market trades below the previous year’s close by an average of 9.00%. If this holds true then at some point this year the S & P 500 should trade around the 1143 level. #2: The average bull market is 41 months long and has an average return of 139%. If this bull market keeps with the average it still should have another 17 months and 18% to go.
Read more: Investor Lessons As Bull Market Turns Two
How have your investments faired since the 2007 high? What lessons have you learned? How are you going to take advantage of the stock market going forward?
Send your thoughts to iinvest@chesapeakeinvestment.com.
Chesapeake Investment Services Managed Futures Specialists
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