A Tale of Two Markets | ETF Trends
So, here is the question: will Santa bring market optimism, or will the Bear continue to heave lumps of coal?
Stay updated with breaking news from Optuma Technical Analysis. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
So, here is the question: will Santa bring market optimism, or will the Bear continue to heave lumps of coal?
Ten trading days have passed since the S&P 500’s wild +5% outlier rally day. Surprisingly, the markets traded sideways through last Friday.
After dealing with the run-of-the-mill 2% and 3% outlier days, the S&P 500 popped off for +5.6% on Thursday. This was the largest up-day.
Statistically, there should only be 5 outlier days out of every 100 trading days, but a bearish market is known for volatility.
We will begin with the obvious, the markets have been volatile in 2022. There have been several, short-term, fast fluctuations riddled with emotion.