Aside from the circuit breakers of March? Hmm, I guess not. But I cannot remember. That was 3 years ago. Trading trauma. Music. The behavior of humans.
This and the entire last year is child’s play compared to early 2020 during the covid plunge which pretty much was a market crash with huge down days and multiple limit down days.
That was a wild ride, buddy. I think I once referenced this current market (at least last year) as a yawning bear. I think it’s been a while since we had so consistently high volatility as now, though. In terms of range, yesterday was the smallest RTH range so far this year going below 30 points. What would really suck moving forward is if volatility went further down AND we continue going range bound.
It is and will be a stealth bull market, solid stocks have bottomed pretty much and will continue to rise whereas the index may fluctuate and continue to mislead the general public as to what is happening.
I’ve seen some references to poor breadth and how only a few stocks (particularly in NASDAQ) are holding up the market currently. I don’t track this information myself, so I would not know. Comments?