huskyrider360

[The Kobeissi Letter @KobeissiLetter]

This is absolutely insane:

Alphabet, $GOOGL, Nvidia, $NVDA, Amazon, $AMZN, Broadcom, $AVGO, and Apple, $AAPL, have collectively accounted for ~50% of the S&P 500's total gains since April 1st.

This means these 5 stocks have added ~6 percentage points to the +12% rally of the index over this period.

Alphabet led the group, adding ~2 percentage points to index growth, with a +38% gain.

This was followed by Nvidia at ~1.5 points with a +21% return, Amazon at ~1 point with a +30% gain, and Broadcom at ~0.8 points with a +33% surge.

Apple contributed ~0.7 points, rising +13% over the same period.

Meanwhile, the S&P 500 equal-weighted index, a gauge of the average stock performance, has increased by just +6% since the beginning of April.

Big tech is carrying the market at a historic pace.

[huskyrider360 @bulko111]

@ordinalswallet Gua