The markets have been all over the place over the last few months.
And the beginning of October has been no different. Stocks have seen some big intra-day moves over the last few days, including the biggest intraday reversal from a plunge in the last four years last Friday.
This is not surprising.
Market strategist Ryan Detrick tweeted the chart below showing that no month has had more 1% moves (either up or down) than October going back to 1928.
“Volatility is normal here,” he added.
- Ryan Detrick, via Twitter