Has a new secular BEAR MARKET begun in the US?
The US share in the global stock market has fallen 3-4 percentage points since its November 2024 peak of 67%. This comes as the US has significantly underperformed other markets this year. Many investors are not ready for this.. Source: BofA, Global Markets Investor
⚠️No major CAPITULATION from retail investors YET:
Net retail buying of the S&P 500 ETF, $SPY, hit over $200 BILLION on Friday, the most in 13 months. Mom-and-pop investors were also the net buyers of NVIDIA, $NVDA, Tesla, $TSLA, and Amazon, $AMZN, among others. Source: Global Markets Investor
US small caps russell 2000 is officially in bear market
First time since 2022
The SP500 just had its worst day since 2020
Source: Blossom @meetblossomapp
The S&P500 had yesterday its worst day since 2020
Source: Blossom @meetblossomapp
US smallcaps #Russell2000 is officially in bear market
First time since 2022
The $VIX ended the day at 30, its highest close since August 5, 2024.
Fear is on the rise and stocks are on sale, providing more opportunities for long-term investors. Source: Charlie Bilello
Oh, the irony.
Source: TrendSpider @TrendSpider
