- Long period of time where security prices are rising
- Can be for
- Characterized by
- Confidence
- Strong results
- Optimism
- Characterized by
- Drop of 20%
- Followed by a rise of 20%
- Before another drop of 20%
- More characteristics
- Investors my more stocks
- Companies bet more on their future
- Unemployment rates go down
- Money easier to spend
- Risk of excessive inflation
- Is difficult to predict so it is only noticed while it's happening
- Take place when
- Markets are strengthening or already strong
- Strong GDP
- Drop in unemployment
- Rise in corporate products
- Take advantage by
- Getting in early
- Buy and hold
- Increased buy and hold
- Retracement additions
- Full swing trading
- Recent bu markets
- Post WW2- June 1949 to August 1956
- Housing Boom- October 2002 to October 2007
- Dramatic growth in housing sector
- Longest in history- March 2009 to March 2020
- S&P 500 rose 400% from low if 666