This chart comparison displays the S&P index with AMAZON (left) and without (right). The sole purpose is to highlight the big impact that AMZ has during the recent weekly rally after indices made a bottom.
As you see with AMAZON, S&P has been rising continuously since the March 23 bottom while without the weight of the pandemic-proof stock (since its on-line nature is favored by the lockdown) it is currently exactly on the March 23.
Food for thought on how bad the situation is on traditional companies. What do you think?
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **