Just two stocks make up 26% of the NASDAQ index and 14% of the S&P 500 index. Those two stocks are $MSFT and $AAPL.
This is not what a healthy market looks like.
#NASDAQ #SP500
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Just two stocks make up 26% of the NASDAQ index and 14% of the S&P 500 index. Those two stocks are $MSFT and $AAPL.
This is not what a healthy market looks like.
#NASDAQ #SP500
A community member's personal view, not investment advice. Community Guidelines
Thanks for the update. It's good that these stocks are rising, however, since I also invest in ETFs, I don't know if I totally like it :)
It's not healthy, I agree for myself, but I'm not an economist to judge this. Personally, I do stock picking and I only have Indian and British ETFs. If I were to think further, maybe sector ones but as you write, the S&P500 index is not as great as advertised.
The S&P 500 -0.45% and Nasdaq -0.78% erased early gains after the Fed raised interest rates to fight inflation.
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