Those are the best things were during this cycle. If you recall that was when everyone was launching a SPAC….
Since then, the Average stock on the NYSE is down almost 18%:
The median drawdown is closer to 13%, but still.
These are real corrections for your typical stock.
The numbers are even worse on the Nasdaq with the average stock down almost 27% off its highs:
The median drawdown is closer to 20%.
Most stocks have not been going up for a while now. Some stocks have been doing well, most have not.
We’ll be going over all of this and what we’re doing to profit from it all Monday night on our Live Video Conference Call.
See you then!