Investing Update: Q1 Recap & Q2 Outlook
What I'm buying, selling & watching
What a week that was! I’m really glad it’s over.
This was the worst week for the S&P 500 since March 2020. Friday was also the worst day for the S&P 500 and Nasdaq since March 2020.
That is not a pain in time that anyone wants to remember. When the stock market performance is as bad as the COVID era, you know it wasn’t good.
It was actually just the 4th time since 1952, where there has been a 2 day drop of 10%+.
October 1987, November 2008, March 2020 and April 2025.
The week ended with the S&P 500 falling 9.1%. The Nasdaq fell 10% and the Dow was down 9.9%.
Market Recap
Weekly Heat Map Of Stocks
The Nasdaq has now dipped into bear market territory. It finished the week 20% off the most recent high. Does this mean that the S&P 500 and Dow soon follow?
This is the 6th worst start to the year through the first 64 days for the S&P 500.
The S&P currently sits down 12.3% from the market peak on February 19th. This is the biggest drawdown since 2022. It’s only the 10th correction of 10% or more since 2009.
The average S&P 500 stock is now down 20.8%.
Is this the bottom? Is this the point to step in and buy? Or is there more downside ahead? I get into that a bit later in my Q2 Outlook.