the only reason the index is starting to collapse only now is because tsla and nvda are being cut into now. people dont understand that the index is pretty much just reflective of the mag7. this "upcoming" bear everyones been talking about, its been happening all year
I know this is going to be hard for a lot of people to digest.
But the damage underneath the US stock market is absolutely INSANE.
Nearly 50% of US stocks are trading 30% or more below their 52-week highs.
And that's just the beginning.
> Roughly 70% of stocks, or nearly 4,000 companies, are already in a bear market from their all-time highs.
Now here's where things get really ugly.
> 2,600 stocks are down 70% or more from their all-time highs.
> And 2,200 of those are down OVER 80%.
Read those numbers again.
Thousands of stocks have lost most of their value
And people wonder why so many retail portfolios have been absolutely destroyed.
Allie retweeted
"They're going to kill you" well I hope they start trying soon because I need some adrenaline in my life
Allie retweeted
Bye, Bye Texas
It's so funny to see all the Texans I know saying the legislature will protect Republicans in the state. They don't realize that'll dry up too as Democrats move there by the millions over the next four years.
Democrats flipped both the US House and the US Senate last night, with historic wins in Texas.
Reagan turned California blue, and Abbott did the same for Texas. Reagan signed the 1986 amnesty that handed legal status to about 2.7 million illegal aliens, and California hasn't voted for a Republican president since 1988.
People willingly took the bone Abbott threw just before the election, time and time again.
Bye, bye Texas. It was nice knowing you.
