Index concentration is a portfolio decision you did not make
The index traded at 764.38, -0.32% today. Buying the market used to mean diversification. It is worth checking whether it still does.
Free 3 min read
SPYRSP
The index traded at 764.38, -0.32% today. Buying the market used to mean diversification. It is worth checking whether it still does.
It traded at 279.98, -0.14% today. The gap between large and small is a balance sheet story before it is a growth story.
The equal-weight S&P sat at 219.02, +0.10% on the day. Cap weight tells you what a handful of names did. This tells you what the market did.
After a stretch where a few names carried the index, more members are participating again. That is what long advances are built on.
A 30-second screen walkthrough of the levels that matter today.