By Jill Mislinski
The S&P 500 closed November up 1.79% from last month. The index started the week relatively flat and then jumped on Wednesday to end the week up 4.84% from last Friday. It is up 0.81% from yesterday and 2.38% YTD.
The U.S. Treasury puts the closing yield on the 10-year note at 3.01%.
Here is a daily chart of the S&P 500. Today's selling puts the volume 21% above its 50-day moving average.
Here's a snapshot of the index going back to December 2008:
A Perspective on Drawdowns
Here's a snapshot of record highs and selloffs since the 2009 trough:
Here's a table with the number of days of a 1% or more change in either direction and the number of days of corrections (down 10% or more from the record high) going back to 2013.
Here is a more conventional log-scale chart with drawdowns highlighted:
Here is a linear scale version of the same chart with the 50- and 200-day moving averages:
A Perspective on Volatility
For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 2007 with the intraday price range. We've also included a 20-day moving average to help identify trends in volatility.