Stock market history – Note from Trader

Stock market history

I plan and reduce on bounces , hedge w SPY or QQQ and keep rest of cash on sideline for buys like i did in 2009 after bloodshed is over – u may get your big opportunity to position on health & longer term – While stocks were ripping higher, New York Stock Exchange floor veteran Art Cashin gave clients the sobering fact that the stock market just did something it’s only done three times in the last century. It’s that on Wednesday, stocks entered a correction — a 10% drop from recent highs — for the second time in the last six months, which is a rather short span. This is Stock market history

The last three times this happened so quickly were in 1929, 2000, and 2008. If those years look familiar, it’s because there were big market crashes during all three.