- Over 60% of S&P 500 components are down 20%+ from highs (source claim).
- Four of the Magnificent 7 stocks are in bear market territory (source claim).
A market commentator reports that more than 60% of S&P 500 stocks are down at least 20% from highs, with four Magnificent 7 names in bear territory and $4 trillion in combined market cap erased. The source calls it a 'stealth' bear market and an opportunity.
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