There is a debate raging over whether we are in a bull market or a bear market. However, the relevant question for scientific investors is whether they can find enough undervalued stocks to create a portfolio with reasonable industry, sector and growth vector diversification.
But since the question of bull or bear market is important to a lot of people, let us join the debate and see where it leads us before moving on to the real important question.
The definition of a bull market is a sustained period of price increase of more than 20 percent combined with investor optimism, economic growth, and high trading volumes.