Looking for Global Bull Markets

October 13th, 2011
in contributors

by John Lounsbury

bull Yesterday I reviewed recent market declines and reported that 25 of 30 global indexes followed by Econintersect had fallen by 20% or more and had “officially” entered bear market territory.  After trading on October 12 three of these bear markets are over.  Brazil, Frankfurt and Geneva have all had gains of more than 20% from their recent bear lows.  All three are “officially” bull markets once again.  In addition, seven markets have bounced between 2.9% and 9.6% from recent lows.  And twenty markets have seen gains of at least 10% but less than 20%, so they are in a bear market correction, or, as we optimists like to call it, secondary bull markets.

Follow up:

It took 23 of the 25 bears 133 days or more from top to bottom and it took 16 more than 200 days. All 23 primary and secondary bull moves have occurred in 68 days or less and more than half have happened in 8 days or less.


The bears will tell you that bear markets have violent rallies.  The bulls will tell you that strong bulls charge out of the gate.  A cautionary note for the bulls comes from the very low volumes in the U.S. markets during this rally.  It is possible that the move is being driven by short-covering more than by long buying pressure.

Related Article

Global Bear Market Update by John Lounsbury

Market Red Ink Update 9/6/11 by John Lounsbury

Ranking a World of Red Ink by John Lounsbury

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

 navigate econintersect.com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved