Record Bull Run
Yes, while we always have pullbacks this market has remained a bull. Wednesday will mark 3,453 days since the S&P 500 hit its low of 666 on March 9, 2009. The current run is the third-longest rally in the Dow Jones Industrial Average, after bull markets that ended in 1961 and 1929, according to Dow Jones Market Data.
If the market doesn’t drop significantly in the three days through Wednesday, the bull market that began in March 2009 will have lasted nine years, five months and 13 days.
Optik has have a good but not exceptional run this year. We will continue to monitor for opportunities and work towards an exceptional year. Thank you to all our subscribers.