NASDAQ Rising & The S&P 500 Equal Weight Index
The Money Wise guys kick off the show with a rapid-fire market recap. Last week saw the Dow up, the S&P 500 up, and the NASDAQ up. YTD all three remain up, with the NASDAQ still up by double digits – 20.9%, to be exact. The AI craze has taken control of the market this year, fueling a meteoric rise for the NASDAQ. The guys discuss a few stocks leading the charge, plus what the S&P 500 Equal Weight Index looks like – and which tells more of the true story. The guys also discuss whether we’ve seen so few stocks driving so much market performance for more than a quarter, how much investors should put in stocks now, and so much more.
What is the S&P 500 Equal Weight Index?
In several of the past episodes, the Money Wise guys have touched on the importance of examining the S&P 500 Equal Weight Index, and it’s a point of conversation in this episode, too. The S&P 500 Equal Weight Index is, essentially, the opposite of Market Weight, where each slice of the S&P 500 pie is cut based on market cap. When you look at the S&P 500 Equal Weight Index, you get a truer picture of the index’s performance. Currently, the S&P 500 Equal Weight Index shows us that a few stocks are driving approximately 90% of the index’s performance. (Hint: They’re all AI-driven!)
In the second hour, the Money Wise guys discuss 5 Things Every Retirement Portfolio Should Have you should know. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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