Where Do Stocks Go From Here? History Provides a PlaybookCorrelations are sky-high between 2020 and these two other periods.Author:Jonas ElmerrajiPublish date:Mar 26, 2020 12:55 PM EDT
Stocks are bouncing for a third straight session Thursday, something that’s become something of a rare event – the S&P 500 hasn’t seen three consecutive higher trading days since February.
Is the market finally putting in a bottom? Or are we seeing another bear market rally before the next leg lower?
Covid-19 may be without precedent in a lot of respects, but the good news is that history provides something resembling a playbook for investors right now.
To figure out the likeliest next step for the stock market, we’re turning to the data to see what we can glean from statistically similar