Loading ...Finally, we note that the S&P is now as “top heavy” as it was during the dot com bubble: the five biggest stocks (AAPL, MSFT, GOOGL, FB and AMZN) account for 16.5% of the S&P’s market cap, the most since 1999.
And don’t forget, it’s not the fun-durr-mentals, central bank liquidity is all that matters…
Trade accordingly.