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NoLimit
@NoLimitGains
Value investor | 10+ years of finding undervalued stocks | Founder & CEO @InTheAssembly
Joined October 2013
153 Following    1.5M Followers
THE LAST TWO TIMES THIS HAPPENED, THE S&P CRASHED 50%… The S&P 500 closed Friday just 0.7% below its record close. But look at what’s happening underneath… MarketWatch reported this week that roughly 60% of its stocks were more than 20% below their all-time highs. Researcher Jason Goepfert also flagged more stocks hitting new lows than highs while the index approaches a record. His closest historical comparisons: January 1973 and November 1999. The S&P eventually lost 48% in the 1973–74 bear market and 49% in 2000–02, measured peak to trough. This does NOT mean another 50% crash is coming... just some interesting data to look at.
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