US Equity markets were extended long before the Coronavirus took hold, in fact, the bull run in the stock market went long past previous rallies as cycles lasted 7 years before finding a top. The 2020 bull market ran 9+ years but began its accent in 2009 after the housing market crash of 2008. Market cycles are interesting to look at in hindsight but are important to review when we are in the middle of an emotional sell-off as we are today. It gives an important investment perspective.
About The Author
Steve Kanaval is a Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80's. He ran the Morgan Stanley Derivative Prop Trading and continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet boom of the '90s. His work is published on multiple sites including Bloomberg, MarketNewsFirst, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging-market assets.
CanaFarma Talks About Success of Yooforic and the Upcoming Listings in Canada, Germany and Mexican Exchanges