With only one trading day left, it was undeniable that the stock was likely to mark its worst January of 2008. Last Friday afternoon’s stunning upward turn masked a lot of damage. All four major indexes have fallen significantly since December 31, 2021, with the Nasdaq Composite and Russell 2000 declining by about 12% year-on-year. The NYSE cut advances by 9.6 times two weeks ago and is still more than 2 to 1 winners in the week ending January 28. As of January 27, about 44% of all Nasdaq stocks were down at least 50%. This has rarely happened in the 21st century. However, many of the victims have never made money. These deserved to be seriously overthrown by absurd…
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Dealer Veselin ZlatevVarchev Absolute Trader
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