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Sam Altman and OpenAI, SpaceX and Starlink, Nvidia Earnings
The Compound and Friends
Longest Streak and Underperformance of IBB Compared to SPY
The longest streak we've ever seen was 30 in a row back in late 2017 into early 2019. It's been a huge laggard since October. On a total return basis, IBB has drastically underperformed the S&P 500 since its inception in 2001. It's currently in a massive funk with some unique characteristics to the sector.
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