After rallying 1.26% yesterday, the S&P 500 is currently down 1.75% today. This is the 21st time during the current bull market that the S&P 500 has declined more than 1% on the day after gaining more than 1%.
So what has the market done going forward when it has had these two-day negative reversals in the past? Over the last 50 years (150 occurrences), the index has averaged...
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