Nobody watches what’s underneath the index… Before Thursday, nearly 6 out of 10 S&P 500 stocks were already at least 20% below their all-time highs. That count is from Nov 3 closes. Then Thursday came… S&P 500 down 4.4%. Nasdaq down over 5%. Dow down more than 1,800 points. Worst day since April 2025. Friday bounced. The S&P still ended the week down 2.7%. Humble your position size.
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