FYI: A bull market that has been derided as fake, doomed and history's most-hated just earned a new title: the second-longest ever.
Dodging and weaving through three 10% drops in the last 19 months while avoiding the 20% decline that denotes a bear market, the advance that began seven weeks after Barack Obama's first inauguration in January 2009 has now lasted 2,607 days. That matches a rally from 1949 to 1956 which straddled the presidencies of Harry Truman and Dwight D. Eisenhower. Only the dot-com bubble of the 1990s lasted longer at 3,452 days.
Regards,
Ted
http://www.investmentnews.com/article/20160428/FREE/160429930?template=printart
