The S&P 7, now reflects a record 29.7% of the entire index by market cap.
— The Kobeissi Letter (@KobeissiLetter) October 14, 2023
This is up sharply from 20% at the beginning of 2023 and above the 29.1% high in 2021.
Meanwhile, the S&P 7 is up over 50% and continues to drive market direction.
The remaining 493 stocks in the S&P 500… pic.twitter.com/NofchgEQYK
Don’t “bank” on it 5/25 at Chase
https://www.the-sun.com/money/16324884/jpmorgan-closes-branches-blackout-final-day