Six trading days ago, the Dow Jones Average closed at an all-time high. Yesterday’s 3%-plus drop of 831 points in the Dow was the biggest in 8 months. With the Dow down another 546 points today, this index is now 1,736 points of its high—a 6.93% decline. (A 10% decline is considered a “correction”.) What […]
HISTORICAL BULL & BEAR MARKETS
/in Uncategorized /by adminThe following chart shows a timeline from the 1920’s through to today. The vertical pink shadings are recessions. Unshaded periods on the timeline are economic expansions. The blue “mountain” graphics are a Bull market’s performance of the S&P 500 from the end of a Bear market—the “trough”—to the end of the Bull market—the “peak”. The […]
BEAR MARKET ON THE HORIZON?
/in Uncategorized /by adminWith the worst performance in stocks for a Thanksgiving week since 1939, the S&P 500 has experienced a “correction.” Last Friday’s close is down 10% from its high of 2940 this past September earlier. The S&P 500 is flat for the year, the foreign stock markets are down 10% or so, and the US bond […]
MARKET PULLBACKS
/in Uncategorized /by adminSix trading days ago, the Dow Jones Average closed at an all-time high. Yesterday’s 3%-plus drop of 831 points in the Dow was the biggest in 8 months. With the Dow down another 546 points today, this index is now 1,736 points of its high—a 6.93% decline. (A 10% decline is considered a “correction”.) What […]