Bastiat wrote: ↑
Mon Dec 17, 2018 9:23 pm
CyclingDuo wrote: ↑
Mon Dec 17, 2018 8:26 pm
Will do good wrote: ↑
Mon Dec 17, 2018 7:11 pm
Most of us know something like this will have to happen, just don't know for how low or how long.
If you set your AA to your comfort zone, this shouldn't be too much of a worry.
Good luck to all and until the next long bull!
Looks like we are what, 65 days into this one? How does that compare to all post WWII bears (should have the mid-2015 to mid-2016 bear in there as well, but c'est la vie)?
The high close was on September 20, closer to 90 days ago.
And we aren't even down 15% yet.
Yes, not down 15% yet on the S&P, but other indices are already in a bear market (Russell; EM, China, Italy, Hang Seng, Korea, Germany, GB is close, etc...).
Financials, Materials, Energy, Industrials of the S&P are already in a bear. Time will tell if more sectors and the entire index follows or not.
https://www.marketwatch.com/story/all-t ... 2018-12-17
More than half of the S&P 500 are in a bear market...
https://www.marketwatch.com/story/more- ... 2018-12-17
Known as a "hidden bear market" with a rolling bear market correction that has been going on all year (same happened in 2015-2016), the arbitrary number of an entire index - be it S&P, Total Stock Market, Small Cap, etc... may or may not show a 20% or more correction if that is the number used to identify a bear or not.
I believe that Yardeni Research, Inc. only counts the trading days (days the markets are open) from the Standard & Poor's data as Standard & Poor's. That could be what accounts for the discrepancy. However, the Yardeni page has now been updated to an 85 day count at this juncture.