1.26.22 All You Wanted To Know About Stock Market Corrections
2022 has been one of the worst starts to a year ever for stocks. As of January 25, 2022, the S&P 500 is down 9.2% (on a closing basis) from the peak earlier this year, suggesting we are inching closer to a potential market correction of 10%, the first since March 2020.
In fact, it took the S&P 500 Index only 15 trading days to be down 10% for the year (on an intraday basis), one of the fastest ever as you can see here.
The action so far this week has been quite memorable as well, as both days saw stocks down significantly, only to recover later in the day, well off the lows. Incredibly, Monday w
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