coffee lovers dan nagen says something big could be crewing are prughing for the stock. >> we were talking about the megacap tech names making new highs every day and massively outperform the broader market. starbucks when this think was in july at all-time highs, was up 5 a% on the year and let's tell this story through pictures the chart there is basically january of 2019 through late july 2019. that was the day july 26th the stock gapped up 9% to the all-time high, nearly kissed 100 on better than expected global same store sales it was about as good as it could get. we also know the stock trades at a premium multiple what happened over the next few months the chart here is from the next day, july 27th the stock almost had a 20% peak to trough decline from the all-time highs i think investors were starting to think about what is the implications of slowing global growth, u.s. recession maybe getting focused on valuation these were things hitting the stock market back then here is the thing. let's look at the chart right now. you put the two together and you see it bounced off a couple t