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The Shrinking Impact Of The 100-Point Day

TedTed
in Fund Discussions
FYI: We’ve been hearing a lot of talk about the pick-up in “100-point” days lately. After yesterday’s 100-point decline, the Dow had experienced a 100+ point move on 7 of its last 8 trading days.

Below is a chart showing the number of 100+ point Dow days over the last 100 trading days going back to 1996. As shown, while we’ve certainly seen an increase in the number of 100-point days over the last few months, there have been prior periods where they were much more frequent.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/the-shrinking-impact-of-the-100-point-day/

Comments

  • LeroyLeroy
    The higher the index goes, the less important a 100 index-point move means.

    What matters is the percentage point move.
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