Chart Talk {01.26.17}

Here's Chart of the Day's take on the duration and quality of this current bull market.  I will have more to say on this next week.  Below is the chart and their comments on the subject.

"With the S&P 500 once again in record high territory, today's chart provides some perspective on the current rally by plotting all major S&P 500 rallies of the last 86 years. With the S&P 500 up 107% since its October 2011 lows (the 2011 correction resulted in a significant 19.4% decline), the current rally is above average in magnitude and the second longest rally since the Great Depression."

Notes:
- A major stock market rally has been defined as a S&P 500 gain of 30% or more (following a correction of at least 15%).
- The S&P 500 was not adjusted for inflation or dividends.
- Selected rallies were labeled with the year in which they began.
- There are 252 trading days in a year (100 trading days equal about 4.8 calendar months).


Here's a link to  Chart of the Day's main site.

Back Monday.

*Long ETFs related to the S&P 500  in client and personal accounts although positions can change at any time without notice or dissemination on any other form of electronic media.