Submitted by nvk1196 t3_yh4syx in wallstreetbets
MakingMoneyIsMe t1_iucstqi wrote
Reply to comment by nvk1196 in Anybody shorting the market by nvk1196
I don't disagree, but there's more companies closer to their 52 week lows than their 52 week highs
daytradingguy t1_iuczjw1 wrote
And the prices 52 weeks ago were overvalued, the values were pumped for years with low interest rates and excess liquidity. This is being taken away and is going to stay that way for a couple of years. Many stocks will see multi year lows, not 52 week lows.
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