Is Palantir Going to Plunge 50% (or More)? History Offers a Blunt Answer.

Market leaders of next-big-thing trends are known for their parabolic climbs -- as well as their inevitable retracements.It's been a phenomenal year for Wall Street and investors. Whereas the stock market's major indexes have historically averaged annual returns that range from the high single digits to around 10%, the ageless Dow Jones Industrial Average, benchmark S&P 500, and growth-propelled Nasdaq Composite have respective rocketed higher by 16%, 27%, and 33% on a year-to-date basis, as of the closing ...