With the S&P 500 Index dipping as low as 23% within the past couple of months, we've hit the ballpark of bear market territory. Let's learn about three of the most common ways that bear markets create the very powerful temptation to sell so that you can resist the temptation when it calls. The most visible way that the bear market is likely to test investors' resolve is by demolishing the stocks of companies that were not too long ago put forward as high-flying success stories.
The vaccine maker has lost a little more than half of its value over the trailing 12-month period, partly because many investors think sales of its coronavirus vaccine, Spikevax, will drop off a cliff after this year. The coming 12 months could be crucial for Moderna, but what will they have in store for the company? In the U.S., the Biden Administration warned that a wave of the coronavirus is expected during the fall and winter.