Bull markets often end with a euphoric rally called a 'blow-off top.' We may have just had one

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Bull markets often end with a euphoric rally called a 'blow-off top.' We may have just had one
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The stock market's poor start to December halted the kind of euphoric rally that has marked the end of past bull markets.

The Dow was up 10.5% over the course of just 74 trading days from mid-August to late November.

The stock market's poor start to December halted in its tracks the kind of euphoric rally that has marked the end of past bull markets, a so-called blow-off top.was up 10.5% over the course of just 74 trading days in rapid move that seemed to be immune from any negative headlines. One rally similar to this one happened between Oct. 15, 1999 and Jan. 14, 2000, just before the dotcom bubble burst. The Dow rallied 17% over 64 trading days back then. Another one took place from Aug. 16, 2007 to Oct. 9, 2007, preceding the financial crisis. In that time, the Dow jumped 10.3% in just 38 trading days.

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