From Bespoke:
An earlier post we did on 300 point days garnered a lot of commentary. Incorporating the feedback from the comments section, we analyzed the performance of the S&P 500 following big percentage gains. Since not everyone agrees with the standard definition of a bull and bear market (gains or losses of 20% or more), instead of analyzing when these big days are more likely to occur, we calculated what the average performance of the market was following all big up days. After all, all we really care about is where the market is going.
In the table below we show the average performance of the S&P 500 following one-day gains of more than 2%, 3%, 4%, and 5% since 1945. The 2% category includes all gains of 3%, 4%, and 5% etc. In the bottom row, we also calculated the average performance of the S&P 500 following all days since 1945....MORE
