In fact, those six companies are worth about as much as the bottom 290 companies in the S&P combined. Taken together, their market caps total $4.2 trillion, while the bottom 290 S&P companies are worth roughly $4.3 trillion.
But the concentration in these six names is noteworthy, and it could mean trouble for the market, Worth said Tuesday on CNBC'sConsidering the influence they have over the S&P's direction, it makes you wonder: "Is it an index, or is it a few big names that drive everything?" Worth said. "That's what makes beating the index so hard."
"Literally, every single time we have gotten this far above the 150-day moving average, we have peaked. It is right at that level yet again," Worth said, pointing to the uptick in the bottom panel's trend line. "So, as this goes, so goes the market. I think you've got a crowding that's not so good. Just to put it in real context, think of those six names relative to the S&P. It's all so dependent on these big names.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
Even with our closest friends
$AAPL AND $AMZN Will be dead if China no deal
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Stock market internals increased selling intensity, but still far from panicThe Arms Index, a volume-weighted breadth measure, for the NYSE and Nasdaq are showing increased selling pressure in the broader stock market, but it's still... Yet. Well thats not good...so panic selling hasn't started Yet...sheesh No panic ! The stock market will be back up in the next couple of days! Change it to the scam market !
ソース: MarketWatch - 🏆 3. / 97 続きを読む »
Dow falls 500 points as stocks retreat for second day on U.S.-China tariff worriesStocks lose ground on simmering trade tensions, with U.S. officials confirming that China tariffs would be raised by the end of the week. First market related tweet since 2018 “Trade wars are good and easy to win” lol
ソース: MarketWatch - 🏆 3. / 97 続きを読む »
Tom Lee raises his year-end S&P 500 price target, saying 'market is comfortable with this earnings recession'Lee says his new year-end target for the S&P reflects the first-quarter earnings 'recession,' which he said so far has not been as bad as feared. Way to raise at or near all time highs. fail Wonder if there are any value investors left who think about what price to pay for specific stocks. Just sounds like you can buy anything no matter what price. His never right.
ソース: CNBC - 🏆 12. / 72 続きを読む »