TEVA - 5 Healthcare Stocks That Haven't Been This Cheap in at Least 10 Years
Whether you're a novice investor who's just getting your feet wet or you've seen your fair share of bear markets, you've witnessed history over the past five weeks. In a span of 23 sessions since the S&P 500 hit its all-time closing high, the benchmark index has logged 10 of its 13 largest single-day declines, as well as its five biggest single-session gains.
Furthermore, the stock market crashed into bear market territory at a rate that we've never witnessed before. Before the mere 16 trading sessions it took for the market to go from its highs into official bear market territory (down at least 20%), the previous quickest bear market descent on record occurred during the Great Depression and took 35 trading days.
Suffice it to say that the coronavirus disease 2019 (COVID-19) has Wall Street and Main Street very concerned.