Wild market. We haven't seen anything like this since the dotcom bubble burst.
Over the last 8 sessions, 115 stocks in the S&P 500 have decline 7% or more in a single day.
The average drawdown when that happens is 34%. Right now we're 1.5% below the all-time high.
@imrightthough Nice guy, throws a nice ball… not a winner. Proved that over and over again. Of course, compared to the rest of the jokers we’ve had over the past 25 years, he’s the second coming of QB Jesus.
Actual convo last week...
Me: Honey, we can't have a third of our retirement wrapped up in $ORCL stock. Dumb. Way too risky.
My wife: You sure about that?
Me: Sorry, just sold. I'm a pro. You'll thank me later.
(Technically, it IS later. No thank you, though)
Caught @TonyHinchcliffe and @joerogan at the Mothership last night. What I could see through the 10-gallon hat blocking the view anyway. Show was great, but the crowd? The Facebook comments section brought to life. “Lock up Fauci!” “Build the wall.” Consider this a PSA.