Part 2/9:
Over the past three weeks, major indices and prominent stocks have faced notable declines. For example, Palantir has dropped 6% just yesterday and 14% over three weeks, with a peak of 207 in early November now seeming distant. Since hitting that high, the stock has fallen by 25%. Similarly, Tesla decreased 10% over the same period, with its price plunging from 442 to 340 in just a few weeks. The S&P 500 has declined from 6,800 to 6,500—a 5% drop—while the NASDAQ fell 2.15% yesterday alone, down by 4% over the past month.
This substantial correction has sparked widespread fear and nervousness among investors. In times like these, it’s natural to question whether the bull market is ending or if a larger crash is imminent.