Putting Market Drop in Perspective
the $QQQ dropped around 5.5% today. Taking this as an equivalent for the Nasdaq, looks like this almost cracked the top 20 of daily percentage drops in history.

The funny thing is, when looking at the first table here, the biggest down and UP days all seem to happen during bear markets

David McDonough's avatar
I've been waiting to buy 1yr $QQQ calls and I think this was the dip I've been waiting for.... someone talk me out of it
Brett Schafer's avatar
@mcd I actually don't think that is a bad idea but 1 year feels like too short of a time horizon