The credit crisis has been gripping Wall Street for just over a year now, and there has been no shortage of volatility since then. Below we highlight the number of 1% days (up or down) for the S&P 500 over the last year (252 trading days). We're currently right at the 100 mark, meaning about 40% of the trading days have been 1% days over the last year. That's definitely a lot compared to the low volatility experienced from '04 to '07, but it's not extraordinary, as it has happened in every decade since the '70s. For those interested, the peak since 1940 was 141 over the one-year period from 4/02-4/03.
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