Nonstop Nasdaq

The mega-cap Tech-heavy Nasdaq 100 is up nearly 1% today as of this writing, which leaves it up 4.5% already in 2024.It's been about a month now since the Nasdaq 100 took out its prior all-time highs from late 2021, but as shown in the chart below, the index is already 5.9% above those prior highs as the breakout continues.

Two more noteworthy stats:

The Nasdaq 100 is now up 64% during its current bull market that began on 12/28/22.

And, since the COVID Crash low that the Nasdaq 100 made on 3/20/20, the index is up a whopping 150%.

Below is a table showing historical bull markets for the Nasdaq 100 since the index came to be in the mid-1980s.The current bull market is its 16th using the standard 20%+ rally definition, and this bull is now right at the median when it comes to gains and length.As shown, the current bull has seen a gain of 64.3% over 392 days.The median gain for all Nasdaq 100 bull markets is a gain of 64.5% over 407 days.

When it comes to the average bull market, however, the current bull has a ways to go.Because of two very lengthy bulls that saw 600%+ gains in the 1990s and 2010s, the average bull market looks much different than the median bull market.As shown in the table, the average Nasdaq 100 bull market has seen a gain of 163.2% over 799 days -- which is basically double the length and 100 percentage points stronger than the median bull.