The 3.46% drop in the S&P 500 on February 27 was not recordsetting, but certainly eye-catching, In fact, it was only No. 31 on the one-day “hit” parade since 1950.The first trading day’s decline after 9/11. Of course, the mother of all single-session slumps occurred on Black Monday, October 19, 1987.
In my opinion opportunities are likely to emerge once the dust settles!
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