Wall Street’s biggest 5 stocks by value are on track for their worst month ever

It is shaping up to be an ugly month for the overall equity market, but it could be an even worst stretch for the cadre of stocks that have generated the most bullish momentum for Wall Street since March.

The runner-up for worst month for the collective of stocks isn’t even close, with October 2018 seeing about $425 billion of value erased during the period. To be fair, Apple has made gargantuan moves higher since the broader market hit a coronavirus rock-bottom level on March 23. Since that point in late March, Apple has added an astonishing $934 billion to its market cap.

Tech’s stall out raises some questions about the market’s ability to make further traction higher, with the Nasdaq Composite COMP, +2.26% in correction as of Sept. 8, defined by a fall of at least 10% from a recent peak. The S&P 500 SPX, +1.59%, meanwhile, is fending off its own bout of a retrenchment into corrective territory, while the Dow came awfully close, but failed to achieve a fresh high since its Feb. 12 peak.

😆

$TSLA easy to make $$$$$. Keep talking bad about $TSLA. But I can make $10 a share each time to get in. Ha... Ha... Don't know where is to dive !

The October Effect is here. Markets are headed for another Black October.

I dropped some amazon today

Too expensive. Nothing to promo

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