The Dow just had the worst 1st quarter in 124 years. The S&P 500 has not been down in these three successive months since 2008. What does history tells about the stock market from here?
Stocks and the S&P 500 Index crashed on Friday in the index’s sixth-worst one-day point drop ever, however given we are coming from 2880 plus in percentage terms it was ‘just’ around 2.50% . To put that in perspective, its a minor bump from a 30% rise. Perhaps. Its all a matter of entry and leverage.