-
Seth Golden posted an update 4 years, 6 months ago
Jefferies: “we took a look at 3+ standard deviation single day and rolling 5D sell-offs going back to 1990. Including every single qualifying day (including those occurring in the same calendar week) we found that there has been a strong tendency to bounce. While recoveries have not always been rapid, the average 3M performance following one of these 3+SD single day drawdowns is over 7% ex-crisis, and positive 93% of the time. Similarly for rolling 5D sell-offs, the performance is positive ~80% of the time, crisis or not, and averages double-digit returns”
Who's Online
Recently Active Members
Latest News
-
Mann Institute: 100 years of US stock returns. Eight doublings. Three halvings. What lessons can we learn? September 23, 2024
-
Can September “Get Right” September 22, 2024
-
First Rate Cut On The Board With Mixed Markets September 19, 2024
-
Apollo Group Macro-Chart Pack September 17, 2024
-
Follow The Data Into The Worst Weeks September 15, 2024
MarketWatch.com – Top Stories
- Oil ends higher after back-to-back losses as China announces stimulus measures September 24, 2024Oil futures on Tuesday posted their first gain in three sessions after China announced a range of stimulus measures aimed at boosting the economy of the world’s largest crude importer.
- ‘She’s the queen of CDs’: My mother-in-law, 83, opened 12 CDs at different financial institutions. Should I intervene? September 24, 2024“Given her advanced age and risk aversion, I question whether pursuing these interest rates and promotional offers is truly worthwhile.”
- Trump floats manufacturing ambassador, while his Deere tariff threat draws flak from Mark Cuban September 24, 2024Republican presidential nominee Donald Trump on Tuesday offered promises to reverse offshoring by U.S. manufacturers, while Democratic rival Kamala Harris’s campaign deployed prominent supporter Mark Cuban to attack the former president’s economic proposals.