- Reaction score
- 2,475
Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one
https://www.cnbc.com/2019/12/04/bul...-a-blow-off-top-we-may-have-just-had-one.html
Sound familiar? https://www.tsptalk.com/mb/blogs/tsptalk/4894-can-two-month-rally-make-three.html
KEY POINTS
The Dow was up 10.5% over the course of just 74 trading days from mid-August to late November.
That kind of rally is similar to the ones that ended previous bull markets, data from Ned Davis Research shows.
The Dow has posted a median gain of 13.4% over a median time frame of 61 days in blow-off tops dating to 1901, according to the data.
https://www.cnbc.com/2019/12/04/bul...-a-blow-off-top-we-may-have-just-had-one.html
Sound familiar? https://www.tsptalk.com/mb/blogs/tsptalk/4894-can-two-month-rally-make-three.html