That’s 12 days for you home gamers.
According to Exodus, out of 4,277 stocks in the data base, 1,078 of them are down 20% or more. There are 447 stocks down more than 30% for the year, more than 10%. These are appalling numbers, stats that should shame the Federal Reserve for helping to create an environment that made this possible.
The hardest hit sectors have been: Shipping (-33%), Electronic Stores (-31%), Oil and Gas exploration (-31%) and Nuclear (-29%).
Biotech, a long term favorite for momentum investors is down 23% for the year, and down 36% over the past six months.
Conversely, TLT is up 8.6% over the past six months, not including dividends.
The top performing sector has been water utilities, down 0.3%.
Bear market, lads.
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Don’t turn into Cramer plz
Where the fuck is that Swedish ball licking fag frog? With in seconds of any Senor Fly post that retard should have some horseshit propaganda ready to go.