The u.s. stock market's recent volatility has been very high. We demonstrated in this study that high volatility is a short-term bearish sign but a medium-term bullish sign for the stock market. Here's another way of looking at it.
This is a very common signal. There is nothing rare about 4 consecutive days of >1.5% movements.
This is a medium-term bullish sign than a bearish sign outside of recessions. There is no recession right now.
June 29, 2016
August 11, 2011
There were a bunch of cases in 2008. But that's because the economy was in a recession.
There were a bunch of cases in 2001-2002. But that's because the economy was in a recession.
April 17, 2000
May 27, 1999
September 11, 1998
October 12, 1990
October 16, 1987
October 11, 1982
There were a bunch of cases in 1974. But that's because the economy was in a recession.
There was one case in 1970. But that's because the economy was in a recession.
August 31, 1966
May 31, 1962
June 29, 2016
August 11, 2011
April 17, 2000
May 27, 1999