Drawdown Delirium. How Bad Was It?
This article is so good
it's for premium members only.
Does that sound like you?
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
This is the 12th worst month for NASDAQ ever
A negative 13.3% qualifies for a 12th worst ever. You would have needed -15% to make it into the "worst 10" list (beating November 1973). To be the worst month ever you have to beat October 1987 that has a 27% decline. Our poster-child of this bear, ARK Innovation, actually managed to (-28% in April).
NASDAQ biggest drop since GFC