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SPAX - The 1-Minute Market Report - December 24 2021
Robinson Alternative Yield Pre-merger SPAC ETF
The market took a round trip from December 10 to 23, for a net gain of 0.29%.
There was only one dip of 5% in 2021. There were 8 of them in 2020.
The dip-buying crowd has been relentless in buying every dip, no matter how small, but they have not and cannot repeal the laws of mean reversion, nor can they prevent the next bear market from happening.