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2022-01-25
Six Times Nasdaq Went from Down 4pc to Green
Since 1988, the Nasdaq has swung from down 4 percent to positive on six trading days. Yesterday was the sixth. Contrary to what I assumed, it isn't always clear where these are on the chart because they didn't always signal a reversal in the trend.
October 28, 1997. Marked a low, but it would be tested in December before the bull resumed in earnest.
October 26, 2000. A bump in the bear road.
July 15, 2002
October 10, 2008 and November 13, 2008.
Yesterday, January 24, 2022.
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