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. Since the Great Recession, US stocks have behaved like a secular bull market. Image: Fidelity Investments
Secular Bull Market – S&P 500 and Small Caps vs. Large Caps Ratio This chart suggests that secular bull markets are bearish for small caps. Image: BofA Global Research
Secular Bull Market: S&P 500 and U.S. 10-Year Treasury Note Yield Chart suggesting that the current secular bull trend best fits the 1950-1966 secular bull market. Image: BofA Merrill Lynch Global Research
S&P 500 Return – Longest Bull Markets Ever Chart showing the longest equity bull markets ever. October 9, 2019 was the bottom in 2002 and peak in 2007. Image: Ryan Detrick, LPL Financial LLC
S&P 500 Bull and Bear Markets In recent history, past bear markets have been shorter than bull markets. Image: Charles Schwab
Fear Of Recessions? S&P 500 Bull and Bear Markets since 1946 A long-term investor should put downturns in perspective. Image: Charles Schwab
Average S&P 500 Performance Around Bear Markets and Corrections U.S. stocks have a history of pushing higher toward bull market peaks before eventually pulling back. In such periods, corrections tend to be brief, with rebounds coming faster than during deeper bear cycles. Image: Goldman Sachs Global Investment Research
S&P 500 and Combination of Forward PE, VIX, Bullish Sentiment The Euphoriameter, a composite of forward P/E, the VIX, and bullish sentiment, has cooled from a year ago but is still sitting close to the top of its historical range, flashing an early warning for the market cycle. Image: Topdown Charts
S&P 500 Index Returns Based on 4-Year Presidential Cycle Midterm election years rarely bring comfort to investors, but history still leans bullish. U.S. stocks tend to outperform in a President’s second term, as many view market dips as buying opportunities before the usual third-year rally. Image: Carson Investment Research
U.S. Tech and S&P 500 – 1-Year Total Return Performance to Peak Past market bubbles often ended with explosive last-year rallies, far outpacing normal bull market returns. That kind of blow-off surge just isn’t happening in U.S. tech or the S&P 500 right now. Image: Goldman Sachs Global Investment Research
S&P 500 and U.S. IPO Activity The IPO market is showing signs of life. A pickup in U.S. listings, paired with improving sentiment in global equities, points to a more bullish medium-term outlook for new issues. Image: Topdown Charts