The Last Time The Market Did This Was After Kennedy’s Assassination

Jon Alternative Media, Blogosphere, Corruption, Economy

There have only been eight moves of at least 1% for the S&P 500 Index so far this year – the least since 13 in 1995. The all-time record was an incredible three in 1963.
What about a big move? The last time the S&P 500 moved at least 4% was nearly six years ago.
In fact, the S&P 500 had four consecutive days with 4% (or greater) changes in August 2011. Other than 2008 and the crash of ’87, that is the only other time since the Great Depression to see four consecutive 4% changes.
That isn’t anything like today’s action…
As the chart below shows, so far in 2017, big moves have been nonexistent; and even 1% changes have been rare.

This post was published at Zero Hedge on Oct 8, 2017.