Year-to-Date Performance: 1. S&P 500: +10% 2. 7 Tech Stocks ...
Year-to-Date Performance:
1. S&P 500: +10%
2. 7 Tech Stocks in S&P 500: +45%
3. S&P 493 (S&P 500 - 7 Tech Stocks): +1%
A few stocks are literally holding up the entire market.
If you take out AI-related stocks, the S&P 500 is not up this year.
The AI hype is REAL.
1. S&P 500: +10%
2. 7 Tech Stocks in S&P 500: +45%
3. S&P 493 (S&P 500 - 7 Tech Stocks): +1%
A few stocks are literally holding up the entire market.
If you take out AI-related stocks, the S&P 500 is not up this year.
The AI hype is REAL.
Here are the 7 stocks accounting for all of the $S&P 500 Index (.SPX.US)$ ’s gain this year:
$Meta Platforms (META.US)$ , $Amazon (AMZN.US)$ , $Microsoft (MSFT.US)$ , $Apple (AAPL.US)$ , $Alphabet-A (GOOGL.US)$ , $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ .
The chart below really displays how important tech stocks have become.
The S&P 500 has substantial exposure to the AI hype.
$Meta Platforms (META.US)$ , $Amazon (AMZN.US)$ , $Microsoft (MSFT.US)$ , $Apple (AAPL.US)$ , $Alphabet-A (GOOGL.US)$ , $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ .
The chart below really displays how important tech stocks have become.
The S&P 500 has substantial exposure to the AI hype.
The top 20 stocks in the S&P 500 carry 29% of the index’s weight.
However, they are accounting for 95% of the S&P 500’s YTD performance.
AAPL and MSFT alone drive nearly 25% of this year’s gain in the S&P 500.
A diversified index is proving to be not so diversified.
However, they are accounting for 95% of the S&P 500’s YTD performance.
AAPL and MSFT alone drive nearly 25% of this year’s gain in the S&P 500.
A diversified index is proving to be not so diversified.
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