easy · Volume Spread Analysis effort-vs-result-spread

In a 'Market Rotation,' why do bull markets often last longer than expected?

  1. Companies start buying back their own shares on low volume
  2. Retail traders eventually stop selling and become long-term holders
  3. The government reduces the trading tax on high-volume days
  4. Professionals move from sector to sector, keeping the index afloat as different stocks top out

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