Mark Minervini(@markminervini):The indexes are bifurcated and fail to tell the story beneath the surface. A large number of tech names are down 25% and many are down as much 50% or more. There are more than one-third of S&P 500 stocks down 20% or more, with only 34% of NASDAQ stock trading above their 200-day moving average lines. A stealth correction is already well underway.

Mark Minervini

@markminervini

Author Trade Like A Stock Market Wizard and Think & Trade Like a Champion. Featured in Stock Market Wizard by Jack Schwager. Before following read disclosure.

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Mark Minervini@markminervini

2026.10.15 17:59

The indexes are bifurcated and fail to tell the story beneath the surface. A large number of tech names are down 25% and many are down as much 50% or more. There are more than one-third of S&P 500 stocks down 20% or more, with only 34% of NASDAQ stock trading above their 200-day moving average lines. A stealth correction is already well underway.