The change in the market capitalization year-to-date through June 5: S&P 500 = 9.57%
How much these stocks have contributed to the S&P 500’s gain this year:
Nvidia = 4.85% (51% of the S&P 500)
Amazon, Meta, Alphabet = 1.23% (13% of the S&P 500)
The “Other 496” = 3.48% (36% of the S&P 500)
Restated, more than half of the S&P 500 YTD return has come from Nvidia.
...and with Jensen Huang unloading $735mil of NVIDIA stock, what does that likely suggest if NVIDIA can keep up its growth ahead?
...the market is one NVIDIA collapse shock away from a full blown tech and across the board correction. The question is not if NVIDIA will deliver growth, for certain it will, but the question is whether that Growth and the forward guidance is ENOUGH.
...plus you have read (last nights post) that the regulators are initiating anti-trust investigations and coming for NVIDIA.
