Note from Bespoke Investment Group,
2% Up Days in Bear Markets
Excerpt: "After Wednesday’s rally of 2.5% for the S&P 500, we decided to find out how often 2% up days occur during bear markets. Unsurprisingly, they aren’t very common but they do happen. As shown in the table below, 2% days occur on average 3.25% of the time during bear markets. During the current bear, it has already happened 9 times (or 4.64%)…"