ATH…Almost….Kinda…Well, Not Really

Ready for some serious cherry-picking of data?

Here goes.

The S&P 500 closed at an all-time high today outside of one minor exception.

Just one day. March 16 to be exact.

If you had invested in the S&P 500 but avoided March 16, then you’d be at an all-time high today.

Ok, Ok. Now for the bad news. On March 16, the S&P 500 fell 11.98% for one of its worst days in history.

Going by today’s close, the S&P 500 is down 10.34% from its all-time reach on February 19. That was all covered by just one day of trading.

Here’s the S&P 500 over the last four years (data may be incomplete).

Posted by on May 27th, 2020 at 4:51 pm


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