Is The Current Bull Trend Your Friend?
CEO of BlueSky, David Blain, CFA of BlueSky Wealth Advisors, outlines the markets performance since 1926 in this U.S. News & World Report article.
As the stock market surges to dizzying heights, with the Dow Jones industrial average leaping over the 21,000 barrier, it begs the question, can this rally continue? As traders say, the trend is your friend, until it's not.
The current bull cycle in stocks is old by historical comparisons, touching its eighth birthday this March. The U.S. stock market has had 11 bull markets since 1926 including this one, says David L. Blain, chief executive officer at BlueSky Wealth Advisors in New Bern, North Carolina...read more