Is the Cyclical Bull Market Over?

By on January 25, 2010

Mike Santoli, writing for Barron’s, is skeptical that last week marked the end of the bull, citing research from Ned Davis:

A study by Ned Davis Research — which entered fairly wide circulation last week — showed that no bull market since 1967 had expired soon after at least 25% of NYSE issues hit a new 52-week high, as occurred during both the Jan. 8 and Jan. 15 weeks. This is vaguely encouraging, though there certainly are opposing currents at work.

Source: Barron’s

One Comment

  1. Anonymous

    February 15, 2010 at 4:16 pm

    interesting post. I would love to follow you on twitter.

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