By: alberta on Lunedì 18 Agosto 2014 18:55
Qualche numero, se non lo avete già letto....
1. The Cook Cumulative Tick indicator (CCT) is at the greatest divergence ever seen since I began keeping records in 1986.
2. We have gone two full years without a 10% correction.
Ed in ultimo, anche se non si fanno copia incolla, qui vale la pena.....
3. Market cycles are signaling an environmental change.
The 1982-1987 bull market broke stock prices out of a long confinement below 1000 on the Dow Jones Industrial Average DJIA, +0.91% The pent-up demand for equities generated a 200% gain during that span, the best percentage gain in decades. Stocks were the favorite asset of the 1980s.
The period of late 1987 generated a harsh reality check to the buy-and-hold mentality. A 35% decline in prices was seen from late August until a bottom in December 1987.
The 1982-1987 bull market lasted five years, from August 1982 to August 1987. The 2002-2007 bull run bottomed in October 2002 and registered a top in October 2007, another five year span. Both of those bull markets ended in corrections exceeding 35%.
This 2009-2014 period is the longest continuous rally in more than 30 years, and comes at the tail end of the Fed’s quantitative easing. This current rally has exceeded five years, and gained almost 200%.
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I numeri sono piuttosto fuori medie storiche, non parliamo dei tassi di interesse lunghi, quelli sono a livelli di minimi multi secolari, dai 250 ai 500 anni in mezza Europa....