Study: How Long Does It Take For A 10%+ Correction To Make New Highs

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The S&P has fallen 11.8% already during this “small correction”. Assuming that the bottom is in already (February 9, 2018 = the bottom), the S&P has rallied for 48 days already. Is this normal? How long does it usually take for a 10%+ “small correction” to reclaim its old highs?

Here are the bottom dates for 10%+ “small corrections”

  • June 4, 2012
  • August 16, 2007
  • February 28, 2000
  • October 18, 1999
  • October 28, 1997
  • April 14, 1997
  • July 16, 1996
  • January 30, 1990
  • September 29, 1986
  • February 13, 1968
  • June 29, 1965
  • October 11, 1955
  • Here’s how many days it took for the S&P 500 to make a new high.

    June 4, 2012

    It took 55 days for the S&P to make new highs.

    August 16, 2007

    It took 35 days for the S&P to make new highs.

    February 28, 2000

    It took 16 days for the S&P to make new highs.

    October 18, 1999

    It took 21 days for the S&P to make new highs.

    October 28, 1997

    It took 26 days for the S&P to make new highs.

    April 14, 1997

    It took 15 days for the S&P to make new highs.

    July 16, 1996

    It took 42 days for the S&P to make new highs.

    January 30, 1990

    It took 82 days for the S&P to make new highs.

    September 29, 1986

    It took 46 days for the S&P to make new highs.

    February 13, 1968

    It took 51 days for the S&P to make new highs.

    June 29, 1965

    It took 60 days for the S&P to make new highs.

    October 11, 1955

    It took 23 days for the S&P to make new highs.

    Conclusion

    It has been 48 trading days since the S&P 500 bottomed on February 9, 2018. Provided that the bottom is already in, it can take up to another 2 months before the S&P makes a new high. This means that the S&P should make a new all-time high by the time summer 2018 rolls around.

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