S&P 500 Dominance Amidst Market Volatility

The Nasdaq is at all-time highs, while the Dow is coming off an eight-day losing streak for the first time since 2018. If the Dow falls again today (as it's looking right now), it will be the first nine-day losing streak since 1978.The S&P 500 meanwhile has been flattish since its record high close two weeks ago. But it's still up a whopping 28% so far this year, and its charts seem to hint at a potential pullback.

And we're coming off 11 straight days where there have been more decliners than advancers in the S&P 500--the longest stretch There's more! The market cap of U.S. companies whose enterprise value is trading at more than ten times adjusted profits, or Ebitda, according to Goldman is now, before the market underwent a nasty correction. But then there are mega-cap tech stocks like Google trading at just 22 times forward earnings, which is hardly expensive.What does it all mean? Is the market 'broken'? Is it in a tech or AI bubble? Of course the exuberance is high right now, especially post-election, and I won't be surprised when we have a pullback.with a time horizon of anything beyond a couple of years, would I rotate out of the S&P 500? No.I want exposure to the traditional S&P 500. Does it mean more volatility? Sure. The flipside of that is higher returns in the long run, though. America is the envy of the world right now, for its tech outperformers in particular. The S&P 500 by itself now accounts for more than 50% of global stock market cap. I understand a lot of people want to fade this, and say it's time for a rebalancing to international stocks.fifty percent revenue growth year-on-year. What other global companies of that size can do that? Broadcom in the two sessions prior to today grew by $324 billion in market cap--So I like how Bespoke puts it: given the divergences between the regular S&P 500 and its equal-weight self, they're watching forThat could tell us a lot about which way the market wants to go in the coming weeks and months. Which is grea

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese Apps Continue Dominance in US Market Amidst Growing ScrutinyTemu tops Apple's US App Store for the second year, while TikTok and Shein also rank high. The Chinese apps' success sparks concern among US officials who are exploring ways to curb their influence.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Stock market today: S&P 500 closes higher as Tesla leads chargeStock market today: S&P 500 closes higher as Tesla leads charge
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes higher as Nvidia powers tech ahead of earningsStock market today: S&P 500 closes higher as Nvidia powers tech ahead of earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 rises as cyclicals shine offsetting Alphabet slumpStock market today: S&P 500 rises as cyclicals shine offsetting Alphabet slump
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500 Earnings Data Won’t Call a Market TopStocks Analysis by Brian Gilmartin covering: S&P 500. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500, Dow sidestep Trump's tariff threat to close at recordStock market today: S&P 500, Dow sidestep Trump's tariff threat to close at record
Source: Investingcom - 🏆 450. / 53 Read more »