When orderly selling becomes disorderly selling

August 07, 2024 | Chris Cherepuschak


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It's been a tough few weeks since the middle of July, but the pain and the selling was mostly orderly in nature - that is until we got to Monday, August 5th and saw (by one measure) capitulatory selling to a degree that's only ever been seen twice before in history. That's scary on the face of it, but exciting when one looks at the average go-forward returns from such an occurrence.