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The Magnificent 7 are now up ~1,700% since 2015 compared to the S&P 500's ~140% gain.
Even the Nasdaq Composite Index, the largest tech index in the world, is up just ~230% since 2015.
Meanwhile, the S&P 500 equal-weight index is up ~90% since 2015.
We now have a market that needs the Magnificent 7 stocks to push higher.
The Magnificent 7 stocks *are* the stock market.
Gov't Debt increasing faster than many stocks
If NVDA didn't make that clear yesterday ... I don't know what will ...
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Bloomberg Chart (KL Comments)
Posted by steve on 23rd of Feb 2024 at 09:00 am
The Magnificent 7 are now up ~1,700% since 2015 compared to the S&P 500's ~140% gain.
Even the Nasdaq Composite Index, the largest tech index in the world, is up just ~230% since 2015.
Meanwhile, the S&P 500 equal-weight index is up ~90% since 2015.
We now have a market that needs the Magnificent 7 stocks to push higher.
The Magnificent 7 stocks *are* the stock market.
Gov't Debt increasing faster than many stocks
If NVDA didn't make that
Posted by mla127 on 23rd of Feb 2024 at 09:01 am
If NVDA didn't make that clear yesterday ... I don't know what will ...