Historical Data: There’s No Precedent For A Drop Of 3.6% Or More This Week
Benzinga
“Unless you can watch your stock holding decline by 50 percent without becoming panic stricken, you should not be in the stock market” -Warren Buffett
Chinese markets are in free fall, oil prices are plummeting and many emerging markets are now teetering on the edge of bankruptcy. Yet, there is 85 percent probability the S&P 500 drops less than -1.2 percent by this Friday’s close.