To gain an edge, this is what you need to know now.
Bubble Stock Correction
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chorus of momo gurus claiming that the bubble stock correction is over is getting bigger.
- Most momo bubble stocks are down 40 – 95%.
- Based on the urging of momo gurus, many of their followers have 100% of their portfolios in bubble stocks.
- These same momo gurus not only never called these stocks bubble stocks when they were trading near their highs, but they were also claiming these stocks were the new blue chips.