📉Social media faulty narratives can cost you greatly
🤪Neither instance was a crash
🚦Both took 20+ months to "crash" 50% and 200+ trading days to fall 20%
🚨A simple death☠️ cross had you out down less than 9%
⚠️Market gave you PLENTY of time to get out!
$SPX $SPY $GLD $BTC $QQQ $SPX $IWM $DIA $TLT
h/t
@HostileCharts (fast follow)
The S&P 500 is 0.7% below a record high, yet 430 of those stocks are 21.7% below their highs. That means on average 86% of the stocks are in a bear market. Breadth has only been this bad twice, in January 1973 and in 1999/2000. On both occasions, the S&P then crashed nearly 50%