DataTrek: 5 Trading Days Accounted for 94% of S&P 500’s Decline in 2022, Could Signal What’s to Come in 2023

• DataTrek reports that 5 trading days accounted for 94% of the S&P 500’s decline in 2022.
• DataTrek suggests that these 5 days could signal what is to come in 2023.
• DataTrek believes that at some point in the next year, equity markets should have some outsized up days as investors conclude that the Fed is done raising rates.