How long does a correction last? How bad will it get before it’s over? Let’s talk about this on the Weekend Market Review with Brett Witkowski. 

We have given up our 50-day and have finally touched down on the 200-day moving average. We will begin our 200-day test, which is normal. We may go below it, though there is more support here to bounce us back up.

Looking at S&P 500 Corrections since March 2009 Low, we can see historical corrections. Average corrections last about 26 days, so we’re only about halfway there. The average correction is about 7.6% in drawdown, and we’re almost there. Looking at history, there may be more pain to come, but it will not last forever, and we will bounce back as we have done many times. 

There are some important dates to make a note of coming up! March 21st is the March Options Expiry. April 2nd is Reciprocal Tariff Day, which will be economically impactful and uncertain, which the market will likely not take well, as it never does, with uncertainty. Once this is done, there will likely be positives. April 15th is Tax Day and will pull liquidity out of the market. 

We have some time to go while we wait out these corrections and important dates. The later half of April, hopefully, will bring some upward momentum back to the market.