A look back at stock market performance in two major bear market years of 2000 & 2008 reveals some interesting findings:
First lets look at the S & P 500 Chart in 2000:
The market dropped 10% to start the year. It proceeded to recover most of its losses by late March failing at prior highs eventually falling over 15% further post August.
Next lets look at the S & P 500 Chart in 2008:
The market again dropped 10% to start the year. It proceeded to recover most of its losses by early May and then collapsing over 50% into October.
That brings us to Today's market:
We have again dropped 10% to start the year. If we go by what the market did in 2000 and 2008 we should recover most of these losses by May and then begin a major collapse in the fall ahead of the US elections and into 2017.
No comments:
Post a Comment