S&P 500 Run is Third Strongest Ever

The elevation in U.S. stocks this week added a new credential to the ongoing bull market: third strongest ever.While the S&P 500 Index’s rally has stalled just shy of 2,500, it’s sitting a hefty 269 percent higher than its March 2009 nadir, surpassing the 266 percent advance notched during the 1949 to 1956 bull market, data compiled by S&P Dow Jones Indices and Bloomberg show.

Source: S&P 500’s Bull Market Gets a New Title: Third Strongest Ever – Bloomberg

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.