Take a look at the 100 year chart provided below . I have coloured each "Market" appropriately -- Green for Bull, and Red for Bear -- to show more clearly what happens. Bull markets get ahead of themselves. At their ends, they tend towards excesses that take a very long while to recover from. When a long Bull runs end, it takes quite a while before the next one … [Read more...]
Dow industrials surging to a 13-month high
As per the stocks rallied Monday, with the , as investor optimism gained momentum. The Dow Jones industrial average (INDU) soared 204 points, or 2%, to close at 10,226.94 --marked as the highest level since Oct. 3, 2008. Financial and commodity-related shares led the advance.The gains were broad-based, with all but 1 of the 30 components in the blue-chip index closing … [Read more...]