This post was originally published on TKer.co
Stocks ended another volatile week lower with the S&P 500 declining 1.6%. The index set a closing low of 3,577.03 on Wednesday and an intraday low of 3,491.58 on Thursday. From its January 3 closing high of 4,796.56, the S&P is now down 25.2%.
It is incredibly difficult to predict where the stock market is headed in the short run.
And just because recent performance has been poor doesn’t necessarily mean we’re due for a quick, outsized rally….
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