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
We predicted this as the leaders in Canada consistently beyond idiot stupid
https://www.facebook.com/photo/?fbid=10168336096750620&set=a.10150107549755620

