New Secular Bull Market?

New Secular Bull Market? This chart shows a perspective on secular bull and bear markets since 1930. Picture Source: ClearBridge Investments

S&P 500 – Secular Bull Market Analogs

S&P 500 – Secular Bull Market Analogs The bull market that began in 2009 could have similarities with the secular bull markets of 1982-2000 and 1949-1968. Keep in mind that since the Great Recession, US stocks have behaved like a secular bull market. Picture source: Fidelity Investments

Dow Jones Transportation Average vs. S&P 500

Dow Jones Transportation Average vs. S&P 500 This interesting chart suggests that the Dow Jones Transportation Average underperforms in secular bull markets. Actually, the S&P 500 had higher returns when the Dow Jones Transportation Average experienced negative momentum. Picture source: Oppenheimer & Co.