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Economy

progree

(13,090 posts)

10. S&P 500 -- down 17.5% from the 2931 Sept 20 peak

Reply to TXPaganBanker (Original post)

Fri Dec 21, 2018, 05:52 PM

Dec 2018

2931 All time peak, Sept 20
2638 Correction territory (down 10% from peak ) is long behind us
2417 Today's close (down 17.5% from peak)
2345 Bear market begins at 20% down -- just 72 more points from today
2264 Last close before Inauguration Day
2198 Down 25% from peak

https://finance.yahoo.com/quote/%5EGSPC/history?p=%5EGSPC

We're still in the longest or one of the longest bull markets in history (beginning March 9, 2009 when the S&P 500 closed at 677) -- that officially ends when we hit 20% and officially enter a bear market.

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Observation from a retired banker [View all] TXPaganBanker Dec 2018 OP

As long as drumpf, his family and his henchcabinet remain in place democratisphere Dec 2018 #1

And prior to Dec., the market had lost all of its gains for the year. spooky3 Dec 2018 #2

I got nervous back in February. I acknowledge one of the few truths that are available to humans. Squinch Dec 2018 #3

Not that this isn't cause to worry but, is the percentage decline, not the points, that matters. pangaia Dec 2018 #4

You beat me to it! (see my post #5) Pobeka Dec 2018 #6

unrealistic comparison Pobeka Dec 2018 #5

Oh, I know. TXPaganBanker Dec 2018 #8

Thanks to all for putting out info. on drops (current and historical)...I was wondering what the ... SWBTATTReg Dec 2018 #9

And if we pull the five high flying Tech Wellstone ruled Dec 2018 #7

S&P 500 -- down 17.5% from the 2931 Sept 20 peak progree Dec 2018 #10

To those more knowledgeable to the stock market then I econ 101 Dec 2018 #11