175 stocks in the S&P 500 closed at a 52-week low yesterday. Unsurprisingly, not a single one closed at a 52-week high.
I was looking through the list and a few things stood out.
I was looking through the list and a few things stood out.
Financials dominate this list. From the big banks like JPM and Goldman to the credit card companies like Capital One and American Express, they’re all down between 30 and 45%. Home builders are in a similar pain point. Then a little lo…
The post Banks and Home Builders; Retail and Media. They’re All Getting Rekt appeared first on The Irrelevant Investor.