With the S&P 500 closing at a new all-time high yesterday, it has now been 3,108 calendar days since the last 20 percent decline, the traditional marker for a bear market.The current bull is now the second longest in history, behind the 4,494 days that passed between December 1987 and March 2000.
Today’s close was also a big deal in terms of gains for the current bull market. The S&P’s gain of 267.6 percent over the course of this bull makes this the second strongest bull market on record as well, after the 1987 to 2000 era.
We haven't had a 10 percent correction in more than 18 months, but we also haven’t even had a correction of 5 percent since last June. The 441-day streak without a 5 percent correction is the sixth longest on record for the S&P 500.
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