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The TSX today continues to trade higher than 52-week highs, yet shares have not beaten out records quite yet. However, shares of the TSX today are getting closer to that $22,213 share price achieved back in April 2022.
Just in the last few months alone, however, there has been some incredible growth. After bottoming out with the rest of the market on Oct. 27, 2023, shares are now up 12.6%. So, does that mean we’re in a bull market? And if so, what should investors do about it?
Are we in a bull market?
To be clear, there isn’t actually an official designation as to what makes a market a “bull market” — no governing body … nothing. And what’s more, there are multiple ways of determining whether we’ve entered a bull market in the first place.
Some say that if the TSX today were to rise over 20% above its most recent low, that means we’re in a bull market. Others suggest that the bull…
