Good thing it's the S&P500 and not the S&P493

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Rickie Reeve

@rickiereeve · May 27

· May 27

Good thing it's the S&P500 and not the S&P493. 😁

Willard Spencer @willardspencer May 28

Apparently my S&P 500 is slacking off somehow! :-D

Barrett Gardener @justbarrett May 27

According to this chart, we can be glad we have these tech stocks here :D

Rickie Reeve @rickiereeve May 28

At this point in the season, sure, but I'm not worried about it turning around. 😁

Ashraf Aboudar @ashraf_dd May 27

Well, in recent years, it's really been driven mainly by these big tech companies. It may be weird, but it's true.

Ralphie Barlow @ralphiebarlow May 27

So hopefully the big seven will continue these performances. Without them, the S&P would be pretty much worthless and investing in it would make no sense to me despite the great diversification.

Rickie Reeve @rickiereeve May 28

There will come a time when things will turn around and we'll be glad for the 493. Otherwise, stock picking makes the most sense to me.

Clifford Barclay @cliffordbarclay May 27

Oh yeah the impending debt ceiling deal kicked it up a notch. No one thinks it could still be trouble and everyone is cheerfully ignoring the suggestion that inflation is not going to go away. I'm starting to think the Fed will send a signal that not raising rates can be postponed and so it will knock it back down a bit.

Rickie Reeve @rickiereeve May 27

I agree, a pivot is probably not in sight yet.

Randolf Babcock @randolfbab May 27

Ugh, that's not a pleasant sight 😀

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