are we in a bull market ?

Answer 1

It looks more like a drunken monkey to me.

Answer 2

If you're talking equities - no. The stock market runs on a 17-18 year cycle. The last bull ran from 1982 to 2000, and the bear prior to that was from 1965 to 1982. Although prices rose from early 2003 to May 2006, there are what is known as bear market rallies. Since it's only 2006, we still have another 11-12 years to go on this bear market.

Answer 3

The bull market ended January 2000. The markets have been consolidating ever since. If you will notice of graphs of the major averages. The Dow hit a double top in May. It did not break through the previous high of 2000. It has been selling off since. The NASDAQ is way off from its high of 2000. It broke below its previous October low.

Ditto the S&P 500.

Now lets look at the Dow transportation average.

In May it broke through 5000 and then dropped to 4400. It then rallied to just under 5000 at the end of June but did not break through the previous high. A double top. Not good. Then it sold off again and fell through the previous low to just above 4200. Not good again.

All indications are that the market is heading for new lows.

Add to that higher energy prices, higher consumer debt, higher interest rates, totally ridiculous government policies and monumental budget deficits, balance of trade deficits, and a loosing war in Iraq.

Bull market?? No.

Answer 4

This sort of thing is actually fairly subjecive... The market has sauntered vaguely upwards since the post 2000 crash, though it's taken a bit of a dip over the last few months. Things clearly aren't as much fun for investors as they were during the late 90s, but if you've had your cash in the market over the past few years you've been pretty well rewarded.

Answer 5

last week yes
this year no
past 6 years no
past 26 years yes

Answer 6

Absolutely not. we've been flat for years.

Answer 7

For oil, petro and oil services stocks, we are. ;)