...never has this been so relevant: Not All Stocks are Made Equal.
This is truly UNPRECEDENTED:
S&P 500 relative to the Equal-Weighted S&P 500 has dropped to near the lowest since 2009, Financial Crisis.
To put this differently, the S&P 500 has outperformed an average stock by the most in 15 years.
Big Tech has driven the S&P 500 gains.
https://x.com/GlobalMktObserv/status/1881076665654120645
