5% Pullbacks Since the Start of The Bull Market

With the S&P 500 at 1384, we're currently more than 5% off of the most recent high for the S&P 500.  This marks the 9th time since the market bottomed in March of 2009 that the S&P has had a draw-down of at least 5%.

Below is a list of all the times that the market has experienced at least a 5% pullback over the last ~4 years along with the duration of the pullback in terms of number of trading days to the bottom and number of trading days to the next peak.

The most recent pullback hit its lowest (closing) point 38 trading days into the draw-down, which is slightly longer than the average during this bull market (although the data is not exactly normally distributed).

Note: expressed in trading days