Highlights
- The average stock has fallen by at least -2.5% on a single day only 255 times since 1974 (2.12% of days), so the Value Line's (XVG) -2.89% decline yesterday was relatively rare.
- Emotions (and volatility induced losses) aside, on average, the market has been higher by anywhere from "above average" to "well above average" several months after such weakness.
- Yesterday's decline was even more rare in that it happened while the XVG was above