Nasdaq Hits New High, Sparking Optimism of Bull Market With Potential 156% Gains
• The Nasdaq Composite recently reached a new high, signaling the start of a new bull market. Historically, Nasdaq bull markets have led to averages gains of 215% over 1,223 days.
• Based on past performance, the current Nasdaq bull market could produce gains of 156% over the next 26 months. However, each bull market has unique circumstances.
• Many factors have contributed to the recent Nasdaq bull market, including economic resilience, AI stock growth, and expectations of lower interest rates. However, high inflation and potential recession risk could alter the outlook.
• Rather than relying on bull market forecasts, investors should consider the Nasdaq's long-term annualized returns of 11% since 1990 across various market environments.
• The author, Trevor Jennewine, discloses his ownership stake in Nvidia, a major Nasdaq component.