Tag: volatility

Yesterday, I mentioned the market’s longest streak without at least a 0.6% daily decline came to an end at 99 days. I titled that post “Volatility Update #1″ because I figured more would follow. Sure enough, record streak #2 has now ended just one day after the first.

The market, until today, was on an almost 200-day streak without any back-to-back declines of at least 0.25%. With the S&P 500 losing 0.67% yesterday and 1.09% today, we can now hang that record in the market hall of fame. The most recent streak lasted over 50% longer than the previous record set in the mid-1960s. Just like yesterday’s record, I believe this one may stand for many decades as well.

This leaves one more streak I’ve been writing about in tact…for now.

• Longest streak in history without a 5% correction

When will this one come to an end? Look for Volatility Update #3 before year-end and, maybe, even before the first quarter is over.

 

 

I’m calling this “Volatility Update #1” as I’m assuming more records will end in the coming weeks and months.

I recently wrote how the S&P 500 was experiencing its longest streak in history without a 0.6% daily decline. Today, the S&P 500 lost 0.67% ending the streak at 99 days. I’m assuming it will be decades, if not longer, before that streak is broken again.

 

A couple of the volatility-related records still in tact:

1. Longest streak without back-to-back declines of at least 0.25%.
2. ​Longest streak without a 5% correction