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30%+ of $SPX = 10 companies, last time this high was 99
S&P 500 Index
30%+ of $SPX = 10 companies, last time this high was 99
By ROYAL_OAK_INC
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Dec 11, 2023
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Dec 11, 2023
Good Evening everyone.
While
RSP
, equal weight
SPY
, did well recently, the ten largest stocks are now making up more than 30% of the
SPX
, wow!
However, it's been at a higher percentage than that before.
1999/2000 & in the early 90's, was around 40%
VIX
hit a new low and it is likely hitting MAJOR SUPPORT, solid yellow line.
#stocks
Chart Patterns
Technical Indicators
RSP
SPX (S&P 500 Index)
SPDR S&P 500 ETF (SPY)
Stocks
Trend Analysis
VIX CBOE Volatility Index
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