Subject: Re: Costco
Looking at nothing other than the 5 year chart, it just seems like a normal pullback. Looking 2 years back, April 2022, is the sort of falling knife profile I wish I'd tried to catch. $612 on 4/8 to $406 on 5/20, or 34% drop in 6 weeks (with only a 13% drop in the SPX in the same period). I don't follow Costco closely, and don't remember if there were specific reasons for this at the time. But COST is capable of more serious volatility.