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RWL - Bad Company: The History Of The 10 Biggest Daily Percentage Rallies Is Bearish For Investors
Oppenheimer S&P 500 Revenue
Currently, as of midday on Thursday, March 26, the Dow Jones Industrial Average (DJI) is in the midst of a bear market rally boost of 23% off the March 23 intraday low. This comes on the heels of the fifth-largest single-day percentage rally in Dow history.
A quick look at the list of the comparable rallies finds our recent bump keeping very bad company. The context for all of the previous such rallies has been the most bearish periods in market history.
Let's dive deeper into the data to see if there are