Stock Market Rally Comparisons

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Written By H. Pike Oliver

The folks at Chart of the Day (www.chartoftheday.com ) have posted at chart that compares what has taken place during previous stock market rallies following a "'massive bear market" --  defined as a decline of greater than 50%. There  have been only three such bear markets since the Dow was established in 1896.  They took place in the  early 1930s, late 1930s until early 1940s, and after the financial cataclysm of 2008.  The chart also  adds the rally that followed the dot-com bust during which the Nasdaq declined 78%. The chart demonstrates that the current rally is similar to that of the Nasdaq rally that began in late 2002 as well as the Dow rally that began in 1942. After about ten months, the  prior rallies moved into a trading range/choppy phase that lasted for a year or more.

H. Pike Oliver

Born and raised in the San Francisco Bay Area, H. Pike Oliver has worked on real estate development strategies and master-planned communities since the early 1970s, including nearly eight years at the Irvine Company. He resided in the City of Irvine for five years in the 1980s and nine years in the 1990s.

As the founder and sole proprietor of URBANEXUS, Oliver works on advancing equitable and sustainable real estate development and natural lands management. He is also an affiliate instructor at the Runstad Department of Real Estate at the University of Washington.

Early in his career, Oliver worked for public agencies, including the California Governor’s Office of Planning and Research where he was a principal contributor to An Urban Strategy for California. Prior to relocating to Seattle in 2013, Oliver taught real estate development at Cornell University and directed the undergraduate program in urban and regional studies. He is a member of the Urban Land Institute, the American Planning Association and a founder and emeritus member of the California Planning Roundtable.

Oliver is a graduate of the urban studies and planning program at San Francisco State University and earned a master’s degree in urban planning at UCLA.

https://urbanexus.com
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