The Market is Currently On Track to Double The Previous Bull Market High

Don’t gush over Dow 27,000. Never mind the S&P 500 summiting 3000.

A more momentous milestone lies just ahead: If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market. Only three prior bull cycles have logged such a 100% gain from the prior bull peak: The great bull markets of the 1950s. the ’80s and the ’90s.

Which makes this an apt moment to assess whether this market is growing tired, or enjoying a second (third? fourth?) wind.

The table here, prepared upon request by LPL Financial strategist Ryan Detrick, shows the appreciation of the S&P 500 not from the start of a bull market but above the highest level reached in the prior bull phase.

Read the full article at CNBC.

Don’t Stop Here

More To Explore

The Hottest Graphene Stocks To Watch In 2025

Forbes predicts this may be the next “multibillion-dollar material”… while Bloomberg says “this material will change the world”. The biggest technological advances in the future

Top Graphene Stocks For 2025

Graphene is an excellent conductor of electricity and heat, surpassing traditional materials like silicon, and it possesses exceptional mechanical strength, being hundreds of times stronger