Everything Must Fall

Some stocks hold up well during corrections, but bear markets eventually take down everything. And that’s about where we are today. As of this morning, only nine stocks* representing $1 trillion of market cap are within 5% of their 52-week high. 145 stocks representing $9 trillion in market cap are within 5% of their 52-week low.
Bear markets experience indiscriminate selling, but there’s an order to it. The m…

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