# S&P

$BTC is back around the $87,000 level and has erased the entire pump.
Everything is down today, except the VIX.
Pre-market stock trading insights:
#Nasdaq futures is down 0.42%
#S&P futures is down 0.28%

$BTC is consolidating around the $87,000 level.
#Gold is up, while everything else is down.
Pre-market stock trading insights:
#Nasdaq futures is down 0.24%
#S&P futures is down 0.07%
$XAUT

This is historic:
Alphabet, $GOOGLX , has accounted for 19.4% of the #S&P 500's YTD gain, the most among any stock.
This comes as the company has added + $1.3 trillion in market cap this year.
#Nvidia , $NVDAX , has had the 2nd-largest impact at +16.0%, or +$1.05 trillion.
This is followed by #Broadcom , $AVGOX , and #Microsoft , $MSFT, which delivered +$520 billion and +$380 billion, respectively.
As a result, the top 10 #stocks have accounted for 59.4% of the S&P 500's YTD gain.
In other words, the remaining 490 stocks have accounted for just 40.6% of the S&P 500's rally.
Big tech is all tha

The #S&P 500 surges +0.5% as Core PCE inflation unexpectedly falls to 2.8%, now just 30 points away from a new record high.
The #S&P500 has now added +$3.3 TRILLION since the November 21st low.
$NVDAX $GOOGLX $METAX
#stocks

Can non-tech #S&P 500 components catch up?
Currently, ~35%, or ~175, of the S&P 500's components are in bear market territory, the most since May.
By comparison, this percentage oscillated around ~20% for the 12 months ending in November 2024.
As a result of narrowing breadth, the S&P 500's equal-weighted index relative to the S&P 500 has fallen to near its lowest level in 22 years.
This means the average #stock has significantly underperformed the market benchmark.
If market breadth can improve, fuel will be added to the fire.

The #S&P 500 erases gains and turns negative on the day, now down -50 points in 40 minutes.
Yet another "flash crash" in the S&P 500 after the open today
$NVDAX $GOOGLX $TSLAX
#stocks

The US market would have gone nowhere for years if not for #Al #stocks :
The #S&P 500 ex. Al stocks has returned just 25% over the last 3 years, since ChatGPT launched in November 2022.
This is ~8% annual return, an even weaker performance than the #S&P500 equal-weighted index.
$NVDAX $GOOGLX $MSFTON