The stock market’s sell-off may be just getting started.
The last four weeks have served as a needed reminder that the stock market wouldn’t be a market without the ability for equities to move in both directions.
Following an impressive two-year rally in the age-old Dow Jones Industrial Average (^DJI -0.62%), benchmark S&P 500 (^GSPC -1.07%), and growth-powered Nasdaq Composite (^IXIC -1.71%), Wall Street’s three major stock indexes have hit the skids. Between Feb. 19 and March 13, the Dow, S&P 500, and Nasdaq respectively fell by 8.6%, 10.1%, and 13.7%. The double-digit percentage declines for the S&P 500 and Nasdaq Composite placed both indexes firmly in correction territory.
When stocks begin taking the elevator lower, it leads investors to make educated guesses about where the bottom might be. While this isn’t something that can be answered ahead of time with any concrete accuracy, there are a…
