72% of stocks in the S&P 500 have underperformed thie Year!
A Whopping 72% of Stocks Have Underperformed The Index This Year
THat's even higher than than the dot-com bubble in late 1990s.
You have to go all the way back to the 1980s to see a similar % of stocks underperforming the broader index.
The S&P 500 is now becoming increasingly driven by the magnificient 7.
Will this continue in year 2024?
THat's even higher than than the dot-com bubble in late 1990s.
You have to go all the way back to the 1980s to see a similar % of stocks underperforming the broader index.
The S&P 500 is now becoming increasingly driven by the magnificient 7.
Will this continue in year 2024?
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- Investing/ Finance /Economics
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iLEVES : upside, The rest of 72% will catch up in 2024.
SpyderCall iLEVES: That is always a possibility. the past couple of months, we have seen a larger breadth of participation in the rally that was 2023. A lot of the smaller companies that underperformed throughout the year appear to end the year on a comeback. Unless we get a black swan event, I think this trend will continue in 2024.