The next big step in the stock market’s ascent is now.

With the recent selloff in the Dow Jones Industrial Average, it is clear that the market has lost momentum.

This chart from CNBC illustrates how much of the Dow has fallen since Jan. 1:In fact, stocks are down a whopping 17.5% from their all-time high in January.

The last time stocks lost so much was in 2007, when the S&P 500 lost 21% from its record high of 2,822.25.

It is likely that the Dow is at the same stage of decline as that of the S &D index in 2017.

However, the Dow and S&d indexes have been at their highest levels since January.

This means that the current stock market rally is not entirely the result of the economic woes facing the U.S. economy.

Instead, it could be due to a broader shift in investor sentiment.

MarketWatch’s Mark J. Perry noted last week that investors have become less focused on the long-term outlook for the U and are less willing to put money into the stock markets.

In other words, investors are becoming more focused on short-term gains, such as the rally in the Nasdaq Composite, the Semiconductor Index, and the Dow.

While many of these stocks are still performing well, there are several that could struggle to get to new heights in the near term.

This chart by Bloomberg shows that the S.&amp=amp S&D index is up only about 0.2%, from 5,000 in 2017 to 4,900 in 2018.

That is a big drop from the 5.2% jump the S=amp Dow has enjoyed since the end of the recession.

If you want to find the stocks that will be your new top-tier picks, check out our guide to the best stocks to buy right now.

Follow John on Twitter @johnkimball

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