Over the past 90 days, GLD is higher by 19.3%, but GDX is outperforming the bullion-backed fund by a margin of roughly 2.5-to-1 over that span, indicating that if this gold bull market
is potentially long-lasting, GDX's year-to-date gain of 44.7% could be the start, rather than the end of something.
In a previous article, we said that bull markets
don't die of all age, but get murdered instead and that Trump may actually be the murderer (see Will Trump Murder the 10-year Bull Market
?, June 10, 2019).
Lee-Tan said the bull market
would continue because the factors that pulled down market sentiment last year had dissipated.
The bottom line is that calling the end of this bull market
has been a losing proposition for some time now.
Five companies saw their share prices "stretch hundredfold" during the Bull Market
, based on TradeStation data reviewed by Jiang.
“All bull markets
come to an end,” he advises.
The old saying "bull markets
don't die of old age" should be applied to today's environment.
Partridge kept on telling the other customers, "Well, you know this is a bull market
!" he really meant to tell them that the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend.
Apple valued at over $1 trillion has helped push the bull market
The current bull market
has been running for almost nine and a half years, and barring a dramatic plunge Wednesday, it will surpass the dot-com boom in longevity.
Enter the query "How long is the longest bull market
" in a Google search and you get 41.4 million results.
That makes it the longest "bull market
" since World War II, according to leading Wall Street statisticians.
Global Banking News-June 15, 2018--Report says rich are growing richer because of bull market
M2 EQUITYBITES-June 15, 2018--Report says rich are growing richer because of bull market
BANKING AND CREDIT NEWS-June 15, 2018--Report says rich are growing richer because of bull market