37-day Nasdaq rate of change: +24.5%. This happened only 11 times in history.
So I checked, 30th of March the nasdaq closed at its lowest point. Compared to yesterday (May 6th) it bumped by 24.6% within 37 days. This happened only 12 times before at a 37 day rate, if I merge prolonged periods into one:
Feb 1991 --> no significant dip afterwards
Nov 1998 --> no significant dip afterwards
Jan 1999 --> dotcom crash after 1.25 yrs
Nov/Dec 1999 --> dotcom crash after 4 months
Mar 2000 --> dotcom crash directly followed
May 2001 --> during dotcom crash
Oct/Nov/Dec 2001 --> during dotcom crash
Nov 2002 --> no significant dip afterwards
Apr 2009 --> no significant dip afterwards
Apr 2020 --> no significant dip afterwards
May 2025 --> no significant dip afterwards
May 2026 --> Who knows?