The Money Letter
Joined October 2026
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The Money Letter retweeted
Dot com bubble fractal overlaid on the current S&P 500 chart.
This looks scarily similar.
The Money Letter retweeted
And somehow, the numbers get even crazier.
1,400 US stocks are trading 60% or more below their 52-week highs.
But here's the one that really blew my mind.
2,600 stocks are down 70% or more from their ALL-TIME HIGHS. 🤯
Think about that for a second.
A brutal bear market happening underneath the surface.
WOW.
You're about to be blown away by this.
2,800 US stocks are currently trading 30% or more below their 52-week highs.
Yes, you read that correctly. 2,800 stocks.
But here's the part that really gets me.
That's roughly HALF of the US stocks in this group already down 30% or more.
And people wonder why their portfolios look nothing like the major indices.
There's a massive bear market happening underneath the surface.
