A secular market that is characterized by a very long upward trend. A secular bull market combines the characteristics of both secular markets and bull markets. In other words, it is a very long bull market that lasts for ten years or more with bumps and wiggles here and there.

A secular bull market consists of a long-term market trend that spans several bull market cycles. In this market, price increases are generally much bigger than during normal markets, and the market can remain overpriced for years. An example is the period 1982-2000 is generally viewed as a secular bull market for stocks.