Due to the status of USD as an international Currency and advancements in technology in recent years, there has been a worldwide increase in demand for USD for international trading.
The CBOE VIX (NYSEARCA:VXX) traded between gains and losses on Tuesday, as stock markets struggled to regain momentum following a landmark trade agreement between the United States, Canada, and Mexico.
The Chicago Board Options Exchange (CBOE) Volatility Index closed at 12.02, where it continues to trade well below the historic average. The so-called “fear index” exhibits weak momentum based on the technical charts.
If you are near a bottle of champagne, press the stopper. Today, August 25, 2018, the world is witness to history’s longest rally in the stock market. The record is written in the primary US index, &P500, and worldwide, speculators now have trouble getting their arms down. Mainly because the S&P500 is now simultaneously sniffing to its old all-time high from January 2018.
“From tariffs on trade war to inflation and rising interest rates – headlines continue to question the world economy’s sustainability. But even though we see many rocks on the road, we still believe that the economy and the stock market have a lot of fuel left in mind, “says John Lynch, an enthusiast from the American finance house LPL Financial to MarketWatch.
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A bull market is defined as a market trend that has not been interrupted by a drop of more than about 20%, and that is precisely what we have witnessed for just 3453 days in the S&P 500. According to the definition, the celebrations started in March 2009, where the market came after a decline of no less than 28%, and since then it has just gone up and up and up … And up.
If you had invested $ 50,000 in the S&P500 index in March 2009, you had today benefited from an increase of more than 325%, and you could now have raised 213,000 kroner.
With both the all-time high and the most extended period in history, the old record is emphatically hit in the floor. It dates from March 24, 2000, where the S & P500 had risen 417% since October 11, 1990 – i.e., 3452 days.
The second longest to the longest bull market is here. Source: live4trading.co.uk
The big question among investors is now when the curve breaks and the world is again witnessing a 20% drop in the S&P500. Both private and professional have gradually become accustomed to the stock market just rising and rising, and so many people warn of a panic coming at the end when the market sooner or later begins to lose its breath.