Drawdown Delirium. How Bad Was It?
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