15 days ago • Posted by Jasper Lawler

307 days since a 5% pullback

We've heard a lot lately about the steadiness of the S&P 500's rally over the last year.  And steady it has been.  As shown below, it has now been 307 calendar days since the S&P 500's last 5%+ pullback.  Over this time period, the index has rallied 38.75%.

Source: Bespoke Investment Group

A chart showing the rise of the S&P 500 (and a lack of 5% pullback)