This market is savage. The index finally cracked, but many individual names are splattered on the cement. The last time stocks gave up intraday gains like this was during the dotcom bubble.
Here’s an extreme example of the carnage. In early November, Peloton was down 50% from the highs before reporting earnings. It fell 35% that day after a dumpster fire of a report. Dip buyers might have thought they were getting t…
Here’s an extreme example of the carnage. In early November, Peloton was down 50% from the highs before reporting earnings. It fell 35% that day after a dumpster fire of a report. Dip buyers might have thought they were getting t…
The post The Market is an Expensive place to Find Out Who You Are appeared first on The Irrelevant Investor.