FYI: Back in late July we published a Chart of the Day looking at the current rally and how it ranks in terms of length without a significant pullback of any kind. With the S&P 500 closing at a new all-time high today, it has now been 3,108 calendar days since the last 20% decline (the standard bull/bear market distinction). As shown in the table below of the longest bull markets on record, the current bull is the second longest behind the 4,494 days that passed between December 1987 and March 2000 without a 20%+ pullback.
Today’s close was also a big deal in terms of gains for the current bull market. As shown, the S&P’s gain of 267.61% makes this the second strongest bull market on record as well.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/longest-rally-since/