The previous four years have served as a reminder that Wall Street is highly unpredictable over short timelines. Since this decade kicked off, all three major stock indexes have traded off bear and bull markets on a couple of occasions.

This volatility has been especially pronounced in the Nasdaq Composite (NASDAQINDEX: ^IXIC). After shedding a third of its value during the 2022 bear market, the Nasdaq Composite has skyrocketed 56% since the start of 2023. It also hit a fresh all-time high in April, which confirms that we're in a relatively new bull market.

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Source Fool.com