June 2020

How Often Do Stocks Fall?

If you randomly picked a trading day for the Dow Jones Industrial Average since 1970, there is a 95% chance that the market would close lower on some other trading day in the future

The Fastest Stock Market Ever

Back in March I wrote about how we had just entered the fastest bear market ever. Not in my wildest dreams did I expect that just 91 days later, the opposite would occur. From March 23 to June 2nd, the S&P 500 gained 38%, which is the largest gain ever over a 50-day period. This…