Stockmarket History: Longest streak without 3% correction ever
Starting in the Presidential Election Night the S&P-500 Index never lost more than 3 % before starting the next upmove. Most trader never experience something like this before - because it never happened. The last period of quiescence startet in 1995 and ended in 1996. What most traders in 2017 realized is, that US stockmarkets had been expected to drop "for sure" several times, but it never occurs like predicted.
More to read her: marketwatch.com/story/sp-500-is-poised-to-make-uncanny-stock-market-historyfor-doing-almost-nothing-2017-10-12
Quote: "How quiet is this record-setting stock market? By at least one measure, the S&P 500 index 0.51% 0.51% registered its lengthiest period of quiescence in more than two decades—and perhaps ever.
The broad-market benchmark hasn’t experienced a decline of at least 3% since Nov. 7, 2016. That 241-day period without a single-session drop of that magnitude ties the same stretch from Jan. 26, 1995 to Jan. 9, 1996, according to Pension Partners’ Charles Bilello (see table below)"
Direct link to the table or use the link above to get more facts and figures: https://Multimedia/2017/10/12/Photos/NS/MW-FW161_3_1011_20171012125901_NS.png?uuid=a5b7aa0a-af6e-11e7-ba06-9c8e992d421e
More to read her: marketwatch.com/story/sp-500-is-poised-to-make-uncanny-stock-market-historyfor-doing-almost-nothing-2017-10-12
Quote: "How quiet is this record-setting stock market? By at least one measure, the S&P 500 index 0.51% 0.51% registered its lengthiest period of quiescence in more than two decades—and perhaps ever.
The broad-market benchmark hasn’t experienced a decline of at least 3% since Nov. 7, 2016. That 241-day period without a single-session drop of that magnitude ties the same stretch from Jan. 26, 1995 to Jan. 9, 1996, according to Pension Partners’ Charles Bilello (see table below)"
Direct link to the table or use the link above to get more facts and figures: https://Multimedia/2017/10/12/Photos/NS/MW-FW161_3_1011_20171012125901_NS.png?uuid=a5b7aa0a-af6e-11e7-ba06-9c8e992d421e
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