The market’s Scott Brown Swoon only stated in the middle of January, but while it’s been short in duration, it’s been significant.
Here’s one (somewhat arbitrary) angle from the folks at Bespoke. From the start of 2009 (i.e. not from the March 2009 lows) on third of all gains have now evaporated.
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See Also:
- Jim Cramer’s Scott Brown Rally: -7.6%
- Market Opens Weak: Dow Down 55 Points, Commodities Up
- Jeff Saut: Don’t Get Suckered By Friday, We’re Just Halfway Through The Selling Stampede