Wednesday, July 2, 2014
Correction-Resistant S&P 500 Is On A Historic Run...
As of June 30, 2014, the S&P 500 has gone exactly 1,000 calendar days (from 10/03/2011 through and including 6/29/2014) without a -10% or greater drop in the index, the 5th longest stretch without a double-digit pullback in the last 50 years.
If the S&P 500 is able to avoid a -10% correction through 11/04/2014, this run will move into 4th place, replacing a 1,127 day streak within the 1984-87 bull.
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