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

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

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.
Between mid-August and late November, the was up 10.5% in a 74-day sprint that seemed to be immune from negative headlines.
According to Ned Davis Research, the Dow has posted a median gain of 13.4% during blow-off tops dating to 1901.…

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