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Equal-weight S&P 500 reportedly logs seven straight losing weeks

A post says the streak had occurred only twice before, during the 2002 dot-com crash and 2022 bear market.

BT
1 Source, 5h ago, first seen 5h ago

TLDR

An October 3 post claimed the equal-weight S&P 500 had declined for seven straight weeks, a streak it said had occurred only twice before: in 2002 and 2022. The post contrasted that with the standard S&P 500 sitting near all-time highs, saying a handful of giant stocks were holding it up.

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29.4K

1 Source, first seen 5h ago

542 likes45 comments95 saves52 reposts
Featured Source

Combined views

29.4K

1 Source, first seen 5h ago

542 likes45 comments95 saves52 reposts

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Sentiment

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Summary

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1 Source

@BullTheoryioBREAKING: S&P 500 equal weighted index just posted its 7th consecutive weekly red candle. This has only happened twice before in history: the 2022 bear market and the 2002 dot-com crash. The S&P 500 is held up by a handful of giant stocks and is sitting near ALL TIME HIGHS. But the equal weighted version treats every stock the same, and it's been bleeding for 7 weeks straight.5h
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    @BullTheoryioBREAKING: S&P 500 equal weighted index just posted its 7th consecutive weekly red candle. This has only happened twice before in history: the 2022 bear market and the 2002 dot-com crash. The S&P 500 is held up by a handful of giant stocks and is sitting near ALL TIME HIGHS. But the equal weighted version treats every stock the same, and it's been bleeding for 7 weeks straight.5h
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