Table is top 20 gains/losses since 1926. 6 days in March made it! (red)
Today' S&P impressive rally, up 9.38%, is the best since the March 13 rally of 9.29%! (last week!)
Mar 14-23, the S&P was crushed for another 17.44% in losses. The worst 6 days after a top 20 day.
(1/5)
Today' S&P impressive rally, up 9.38%, is the best since the March 13 rally of 9.29%! (last week!)
Mar 14-23, the S&P was crushed for another 17.44% in losses. The worst 6 days after a top 20 day.
(1/5)
Here is the what happens after the 20 best days in history (table above). The thick black line is the average.
70% of the time the stock market is lower 100 days later, by and average of 18%.
(2/5)
70% of the time the stock market is lower 100 days later, by and average of 18%.
(2/5)
I'm always asked "after this <fill in the blank> price move, what happens next?"
99% I don't bother answering as the result is always this same, nothing significant.
These massive one day rallies are the exception. They are the very definition of a bear market rally.
(3/5)
99% I don't bother answering as the result is always this same, nothing significant.
These massive one day rallies are the exception. They are the very definition of a bear market rally.
(3/5)
Bonus table
Same as above, but it only shows the post WW2 period (80 years). An astounding 8 days this month have already made this table.
And the month still has a week left!
(4/5)
Same as above, but it only shows the post WW2 period (80 years). An astounding 8 days this month have already made this table.
And the month still has a week left!
(4/5)
If you are lucky enough live long enough to meet your adult grandkids, they will want to know all about March 2020.
So, take careful notes.
(5/5)
So, take careful notes.
(5/5)
