It's always been said that market's fall faster than they rise, but I'm not sure that saying is true in newer times. Both short term (intraday) and on the daily time frame. Think I did a study on it once. There sure have been some insane rips these last few years.
My new AI overlord says: The biggest one-day loss Percentage: Dow Jones Industrial Average: 22.6% on October 19, 1987, also known as "Black Monday." S&P 500: 20.9% on October 19, 1987. Point Changes: Dow Jones Industrial Average: 2,997 points on March 16, 2020, during the initial market panic surrounding the COVID-19 pandemic. S&P 500: 324.9 points on March 16, 2020. The biggest one-day win Percentage: Dow Jones Industrial Average:15.34% on March 15, 1933, following the reopening of banks after the bank holiday period of the Great Depression. S&P 500:16.61% on March 15, 1933. Point Changes: Dow Jones Industrial Average: 2,113 points on March 24, 2020, during a rebound from the initial market panic related to the COVID-19 pandemic. S&P 500: 119.92 points on March 24, 2020. Notice that the biggest loss and gain in points were separated by a mere 8 days...
green 6.25 pts, sandwiched between vah and val, done for the day, i think. tomorow is opex, probly trap until then.
https://gemini.google.com/app The stock market's losses during the COVID-19 lockdowns were significant, though the impact varied based on the specific index and timeframe considered. Here's a breakdown: Global Impact: S&P 500: Lost 34% of its value between February 18, 2020, and March 23, 2020 (the period encompassing most significant lockdowns). Dow Jones Industrial Average: Lost a staggering 37% during the same timeframe. Many other global indices: Also experienced double-digit percentage declines. Regional Differences: Emerging markets: Saw steeper drops than developed markets, with some like Brazil and Colombia plummeting 47-48%. US markets: Performed relatively better than some, but still faced substantial losses. Important Notes: These figures represent peak losses. Stock markets eventually recovered significantly, with many even surpassing pre-pandemic highs. The impact on individual stocks varied greatly depending on specific industries and company performance. For a more precise answer, you could specify which market or index you're interested in, and the timeframe you'd like to consider. --- Edit: it has some filter in order not to give financial advice, etc., but it's very good solving *and explaining* math problems.
And just like that we're back on route to 5200? What a gift that news dip the other day was in hindsight!!