Subscriber Only: Losing Money In A Bull Market
|Jul 25|| 1|
Before we look at how this week ended, let’s take a look at how it began.
At the close on Monday, Amazon was up almost 8% for the day.
To put that in perspective, in one day, the company gained $117B in market cap.
That’s more than IBM’s total market cap.
That’s more than the market cap of 90% of the S&P 500’s component stocks.
The move contributed 87 bps o…