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Economy

progree

(10,938 posts)

1. S&P 500: down 7.3% from it's Sept 2 all time high, but still up 2.7% YTD

Reply to BlueWavePsych (Original post)

Sat Sep 19, 2020, 09:25 PM

Sep 2020

12/31/19: 3231 -- year end 2019 closing
09/02/20: 3581 -- all-time high
09/18/20: 3319 -- latest close

The 7.3% down from the all-time-high represents a "pullback", but not a "correction". Pullbacks begin at 5% down, while corrections begin at 10% down.

It will be just fine through Nov. 3.

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Highlight:

Stocks Are Falling Into Fall [View all] BlueWavePsych Sep 2020 OP

S&P 500: down 7.3% from it's Sept 2 all time high, but still up 2.7% YTD progree Sep 2020 #1

Tech stocks are seeing a correction Warpy Sep 2020 #2

These Kinds Of Markets Kill You: Pal BlueWavePsych Sep 2020 #3