Daily Charts - Rethinking Resurgence Risk
1.Rethinking Resurgence Risk
While attention is focusing in on recession risk, we still need to be mindful of the other edge of tail risks...
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2.Friendly Reminder: non-recession corrections tend to be short, sharp, and usually shallow.
Recessionary corrections (probably better described as bear markets) tend to be deeper and more drawn-out...
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3.Big… Disappointment
As you might expect, the journey to becoming a top-10 stock is amazing
You may also be unsurprised to learn that performance *after* becoming one of the top 10 stocks has historically been dismal on average.
$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $Dow Jones(.DJI)$
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