Big stock market shocks aren’t scaring investors anymore
|05/24/2017||Posted by BusinessMediaguide.Com under General World News||
Big stock market shocks don’t scare investors anymore. In fact, swift declines are welcomed with open arms.
Traders have been taking advantage of share weakness to “buy the dip,” or expand positions by purchasing shares at a discount. And that’s helped the equity market recover from short-term selloffs faster than ever before.
The dynamic was on display just last week, when the S&P 500 fell 1.8% in a single day, which marked a five-standard-deviation move. The index recovered 85% of that loss over the following three days, the second-fastest retracement of a loss that big in S&P 500 history, according to data read more >>>