Historical bull market records indicate that stocks are more than likely to rally further from here, according to Carson Group. Some other investors wonder if this bull has the momentum to keep going. The current bull market turns two years old this week . However, it's not been an easy birthday — mounting tensions in the Middle East and fears around rising yields are weighing on stocks so far in October. The benchmark is in the red for the month, despite a nice gain on Tuesday .
Kevin Gordon, senior investment strategist at Charles Schwab, agreed with Detrick's assessment and added that strong revenue growth — on top of earnings growth — is the upwards driver at the moment. However, Gordon noted that on average, bull markets have lasted longer after following a recession, which this current one did not.