新高附近有回调？ Last year saw plenty of tech dominance and growth outperformance too -- with the rebound looking more like the decade-long expansion that preceded it than the aftermath of a recession -- but 2020 only saw two major corrections in September and October amid election-related volatility. Other pullbacks were only ~1%, minor relative to the strides upward the benchmark was making.
Since the start of this year, though, with a little more certainty on both the political and vaccine front, the stock market has seen smaller and more frequent “mini-corrections.” This year has yielded 10 such instances with an average 3.1% drop in the benchmark index following a new record high (with drops of as much as 5-6%), in just six months. And each time, the VIX has pushed above its heavily-watched 20 handle. If this week follows that trend, we’re likely to see some sort of pullback by the end of this week or early next week -- and it could be an ugly one.
Since the start of this year, though, with a little more certainty on both the political and vaccine front, the stock market has seen smaller and more frequent “mini-corrections.” This year has yielded 10 such instances with an average 3.1% drop in the benchmark index following a new record high (with drops of as much as 5-6%), in just six months. And each time, the VIX has pushed above its heavily-watched 20 handle. If this week follows that trend, we’re likely to see some sort of pullback by the end of this week or early next week -- and it could be an ugly one.