Posted by Ryan Detrick, CMT
23 of the past 44 years saw the S&P 500 correct 10% or more at some point during the year.
13 of those years finished higher, up 17.5% on average.
Original Post: https://twitter.com/RyanDetrick/status/1780079032622604744
The Standard & Poor’s 500 Index is a capitalization weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.