S&P 500 Bull Markets The current bull market, which began in October 2022, is showing potential for continued growth at 28 months old. Historically, bull markets have lasted an average of 5.5 years since 1949, with an average gain of 191.6%. Image: Carson Investment Research
Length of Bull Markets and When They Started Despite being 28 months old, the bull market that started in October 2022 is still considered young. Historical patterns suggest it may last much longer than bearish market observers anticipate. Image: Carson Investment Research
S&P 500 Bull Markets Over the past 50 years, five bull markets have lasted over two years, averaging 8 years and a 288% gain. At 28 months old and up 71%, the current bull market appears to be in its early stages, with potential for continued growth. Image: Carson Investment Research
S&P 500 Average Returns in Bull Markets While the third year of a bull market often shows signs of relative weakness, patient investors may find substantial opportunities in the following years, as historical trends suggest the potential for sustained growth. Image: Carson Investment Research
S&P 500 Return – Year 3 of Bull Market Like a kid who loses interest in his favorite toy after two years, the S&P 500 tends to slow down in the third year of a bull market. Its gains often become less impressive compared to the first two years. Image: MarketDesk
Percentage Change in S&P 500 in Previous Bull Markets The current bull market appears to be in its early stages, with historical data supporting the potential for significant gains in the coming months and years. Image: Bloomberg
Secular Bull Market – S&P 500 Weekly Chart with the 40-Week MA and 200-Week MA The S&P 500 has reached the 5600s target based on the bullish cup and handle pattern that formed in 2022-2023. The early-2024 breakout to new all-time highs projects further upside potential to the 6150 level. Image: BofA Global Research
Secular Bull Market Analogs and S&P 500 Since the Great Recession, U.S. stocks have behaved like a secular bull market, which is characterized by an extended period of growth and rising prices. Image: BofA Global Research
New Bull Markets Start (20% Off Bear Lows) and What Happened Next for the S&P 500 Historically, positive outcomes have typically occurred over the next 12 months once U.S. stocks gain 20% off bear lows. Image: Carson Investment Research
Secular Bull Markets vs. Secular Bear Markets – S&P 500 / Gold Despite occasional market fluctuations and concerns about overvaluation, the S&P 500 is still in a secular bull market. Image: Morgan Stanley Research
Relative Performance of Prior Bull Market Leader vs. The Next Bull Market Leader Should investors continue to overweight the energy sector over the tech sector? Image: BofA US Equity & Quant Strategy