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Mag 7 valuation premium now the lowest in 8 years
Source: Mike Zaccardi, CFA, CMT, MBA, Goldman Sachs
The seven most influential names in the market are testing a 1.5 year uptrend.
Source: TrendSpider
Monday was the worst day of the year for the S&P 500 at -2.7%.
It turns out even the best years usually have a bad day. @Ryan Detrick found 22 times >20% for the year and the average worst day in those years was -3.5%. 1997 had a 6.9% worst day and still gained 31% for the year in fact. Source: Carson
The forward PE of the Big Six: Alphabet $GOOGL now trades at 18.6x, below any other member.
Source: Koyfin
Don't be obsessed by trying to avoid corrections
Peter Lynch: "Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves".
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