Author: Renee Blakely

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

US stock markets have been volatile for a very long time. A number of events since August 2015 have triggered even more volatility in markets around the world.

The SPDR S&P 500 (SPY) and the Direxion Daily S&P500 Bull 3X both fell by 1.1% and 3.3%, respectively, on January 27, after the Fed's decision not to hike.

The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) bounced back by 1.4% and 4.1%, respectively, on Tuesday, January 26.

On Monday, January 25, 2016, the SPDR S&P 500 ETF (SPY) fell 1.5%. The newest plunge in oil took down US equities, which are now moving in the same direction.

The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 2.1% and 6.2%, respectively, on January 22, 2016.

The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) marched upwards on Thursday, January 21, 2016, registering 0.6% and 1.2% gains, respectively.

US equities, represented by SPY and SPXL, fell 2.2% and 6.4%, respectively, on January 15, 2016. WTI fell 2.0% and Brent fell 2.5% on the day.

January 14, 2016, saw a rally in the US equities represented by SPY and SPXL. The US dollar rose as the market showed optimism and oil prices picked up.

The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) retreated on Wednesday, January 13, 2016, after a short lift that lasted for two days.

On Tuesday, January 12, the SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P 500 Bull 3X ETF (SPXL) rose by 0.8% and 2.6%, respectively.