What is a bull market? A bull market is a term used to define a long period of rising stock prices that usually lasts one to three years or more. In contrast, a bear market is a long-term period of falling prices that typically lasts a year or two. So-called "intermediate-term corrections," or market setbacks, come along unpredictably in every bull market cycle. They often last from three to six months. In addition, the period from May through October tends to have more than an average share of market weakness. During a secular bull market, stock prices still go through bear markets (downturns of 20% or more, say). The difference with a secular bull market is that the rising phases within it generally last longer and go higher than people expect. Also, the falling phases or bear markets take a smaller toll off of stock prices, and/or end sooner than people generally expect. Most important for investors, few stocks move in lockstep with the market indexes. The best stocks in the next bull or rising market will begin rising before the next bull market gets started. Rather than try to cut risk by getting out of the market, you are better off doing so by sticking with our three-part Successful Investor strategy:
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I’ve been making notes for our upcoming Successful Investor Quarterly Client Letter, and it occurred to me that one of the most intelligent comments I’ve heard about Donald Trump this past week came from comedian Jim Gaffigan.
Gaffigan was open about his view of Trump—he said,… Read More
An improved U.S. economy and low unemployment led the U.S. Federal Reserve to raise interest rates three times in 2017 and twice so far this year. That dampens the risk of a falling U.S. dollar and much-stronger inflation. Typically, both of those factors are needed… Read More
Here’s the text of the most-recent letter I sent to our Portfolio Management clients in late April:
“To succeed as an investor, you need to focus on basic principles, and downplay or ignore trivia. Basic principles provide the fuel for market booms that go on for… Read More
Should I sell my stocks? Maybe, it’s always a bad idea to sell a good stock for trivial or transitory reasons
“Should I sell my stocks?” or “When do I sell?” are questions we’ve heard frequently from investors over the years
There is no simple, fits-on-a-t-shirt answer… Read More
We have seen historically that specific factors can give birth to a stock market boom. Three of the characteristics that contributed to the 1990s boom included the spread of free enterprise, an economically productive generation, and technological improvements
It pays to keep in mind that the… Read More
A secular bull market rises more than other bull markets, but both are similar. Recognizing the characteristics of secular bull markets, and using a conservative approach to building your diversified portfolio, will help you invest with confidence.
Secular bull markets take a variety of shapes. Stock… Read More
This drop in the stock market may be the start of a widely awaited correction. I strongly doubt that it’s the start of a bear market or long-term falling trend.
This quote from Investopedia.com provides one widely accepted definition of a market correction:
What is a ‘Correction’?
A… Read More
Dear Inner Circle member,
When you try to figure out the various trends and developments that can have an impact on your investments, resist the urge to focus on any single issue or area. Instead, try to see how it all fits together.
The important issues and… Read More
Investment sayings can look like an easy shortcut to portfolio profits. But more often than not, they will end up costing you money.
“Rising interest rates are bad for stocks” is one of the investment sayings we don’t agree with
One of the investment sayings we often… Read More
Dear Inner Circle member,
In doing research for my latest quarterly letter to clients, I was struck once again by today’s lop-sided view of the long-term market outlook. You’ll find lots of references to how far and how fast the market has gone up in the… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Changes to this Policy
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