Mag7 stocks had their biggest overall marketcap decline ever ($3.3 trillion from its peak)...
Source: www.zerohedge.com, Bloomberg
MONDAY US STOCK MARKET PLUNGE —$1.75 TRILLION WIPED OUT IN A SINGLE DAY
Source: Mario Nawfal
Not all bull markets make it to their third year, but when they do it is perfectly normal to see some chop and frustration.
Source: Ryan Detrick, CMT @RyanDetrick, Carson
Tesla $TSLA IS NOW TRADING -50% OFF ITS HIGHS as Musk says he’s running his businesses ‘with great difficulty,’
Source: CNBC, Trend Spider
Magnificent drawdowns
$AAPL -13% $NFLX -18% $MSFT -19% $META -19% $GOOGL -20% $AMZN -20% $IBIT bitcoin -26% $AVGO -27% $NVDA -28% $TLSA -52% Source: Mike Zaccardi, CFA, CMT, MBA
Germany is becoming great again thanks to Donald Trump...
Thanks to the decoupling from America and the billions in infrastructure investment that this entails, German stocks are gaining new appeal. Their global stock market capitalization share has climbed to 2.3%, up from well below 2%. But still miles away where it used to be... Source: Bloomberg, HolgerZ
Is there a world where we revisit the COVID low trendline support in 2025?
Hard to imagine, but not impossible... 😶 $SPY Source: Trend Spider
S&P 500 PULLBACK
If the current pullback is going to devolve into a correction, it should happen relatively quickly. Historically, 76% of S&P 500 corrections play out w/i a 60-day window (mid-April). About half are done in <40 days (late-March). Source: 3F Research Group, Warren Pies @WarrenPies on X
