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But we saved everything 🙂.
Coca-Cola holds at peak while crypto and tech slide, Charlie Bilello notes
Charlie Bilello, chief market strategist at Creative Planning, reviews how various major assets are performing relative to their all-time highs.
According to Bilello, Coca-Cola remains at 0% below its all-time high, while S&P 500 is down 5%, Apple 8%, and Google 13%. Amazon and Nvidia both lag 15%, Tesla is off 24%, and Meta, Gold, and Microsoft each show a 28% drawdown. Palantir is 38% below, Silver 48%, Bitcoin 52%, and Ethereum 67% under their record prices. Strategy faces a 79% decline. Among meme and digital coins, Fartcoin, Trump Coin, and Melania Coin are down 96%, 98%, and 99%, respectively.
Bilello has previously tracked record levels across major indexes. Earlier this year, he noted the S&P 500 marked four consecutive all-time highs, bringing the total to 22 so far this year. He also highlighted when the Nasdaq Composite first climbed above 27,000, securing its third 1,000-point gain in 2024 to date.
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