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Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next

Published . Updated .

Unlike bear-market bottoms, which typically end with a spasm of despair as traders throw in the towel, bull-market tops are far more gradual and less dramatic.

Directly affected

  • No company is named in this report.

Indirectly affected

  • SPY SPDR S&P 500

    The broad U.S. stock market

  • TLT iShares 20+ Year Treasury Bond

    Long-term U.S. government bonds

  • QQQ Invesco QQQ

    Large technology stocks

  • GLD SPDR Gold Shares

    Gold can move with the broad market

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SPY———————
TLT———————
QQQ———————
GLD———————

Unlike bear-market bottoms, which typically end with a spasm of despair as traders throw in the towel, bull-market tops are far more gradual and less dramatic.

Source: MarketWatch

This story

12 out of 100

“Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next” scores 12 out of 100. The score uses 1 sources.