We are already in a bear market..

       Technically speaking- No we are not in a bear market. There may be a few companies in bear territory, but according to the standard and poor five hundred... The market is only down slightly in the year. But I think the S&P 500 is skewed. The S&P 500 represents the 500 largest market cap stocks that are traded in the American market. But it represents some more than others.
 
       For example, Apple- which has the largest market cap in the world has an S&P weight of 4.41. That 4.41 is larger than the bottom 100 stocks on the S&P 500 combine. So Apple, which is up 40% in the last year alone, is weighed more than 100 other companies... Of those 100 companies, 64 of them are down for the year. 

        Out of those 64 companies, 49 of them are down at least 10%.

        Of those 49 companies, 30 of them are down over 20%. 

        Some are even down 40%. 

        But despite the 64% of the bottom of the S&P 500 being negative for the year, it is outweighed by Apples Good performance. 

         But Apple isn't just the only heavy weighted stock- the Top 50 heaviest weighted stocks AAPL, MSFT, GOOG, AMZN, BRK.B, FB to name a few, outweigh the other 450 stocks. 

         When those Mega-cap stocks perform well, it gives the impression that the entire market is doing that good. Which could not be further from the truth, over 260 companies in the S&P 500 are down for the year. Nearly 20% of the components are down 20% plus. 

         This correction is nothing but a good time to buy in on some mega stocks at a discount. 


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