
Major U.S. indices have experienced severe volatility over the last few weeks, but the motion has gone both ways: roaring up days followed by thunderous declines. However, for the most part, markets have hung within 2-3% of their all-time highs, and the long-awaited correction has yet to materialize in the broader indices.
While the S&P 500 has avoided a correction for more than six months now, specific sectors and individual stocks haven't been so lucky. And neither megacaps nor small-caps have been spared.