The U.S. equity market meltdown in numbers

Records are being broken shattered …

Technically, a bear market is a 20% or more drop from a recent peak.

The S&P 500 is down 12.06% in 2018 (so far), the most since 2008. It is also down 20% from its peak of 2,940.91 so technically in a bear market.

The S&P 500 is down 14.82% in December (so far), its worst December ever since its inception in 1928. The next worst December was way back in 1931 (during the Great Depression) when it lost 14.53%. The worst ever single month was October 2008 when the S&P 500 lost 16.94%. Will the record be broken?

S&P500 20181224 YTD

 

The Dow Jones Industrial Average (DJIA) is down 11.84% in 2018 (so far). The DJIA is down 19.18% from its October peak, so technically a few percentage points away from a technical bear market.

DJIA is down 14.67% in December (so far), its worst December since 1931 (during the Great Depression) when it lost 17%. The worst ever single month was October 2008 when the DJIA lost 18.15%.

DJIA 20181224 YTD

 

The NASDAQ Composite is down 10.29% in 2018 (so far). The NASDAQ Composite is down 23.92% from its August peak, so technically in a bear market.

NASDAQ Composite is down 15.52% in December (so far), only second to October 2008 when the NASDAQ Composite lost 17.74%.

Nasdaq Composite 20181224 YTD

 

 

All 11 S&P 500 sectors are negative for 2018,

Energy down 31.24% from its May peak (down 25.32% in 2018 so far) – Bear Market
Materials down 26.15% from its January peak (down 21.71% in 2018 so far)Bear Market
Financials down 26.09% from its January peak (down 20.14% in 2018 so far) Bear Market
Industrials down 25.23% from its January peak (down 20.42% in 2018 so far) – Bear Market
Technology down 24.13% from its October peak (down 8.62% in 2018 so far) – Bear Market
Consumer Discretionary down 22.99% from its September peak (down 7.9% in 2018 so far) – Bear Market
Communication Services down 22.61% from its February peak (down 21.21% in 2018 so far) – Bear Market
Consumer Staples down 17.29% from its January peak (down 14.83% in 2018 so far) – Bear Market
Health Care down 15.63% from its October peak (down 2.31% in 2018 so far) – Not in Bear Market
Real Estate down 12.76% from its December peak (down 9.06% in 2018 so far) – Not in Bear Market
Utilities down 9.2% from its December peak (down 2.12% in 2018 so far) – Not in Bear Market

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.