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Sean HymanSean Hyman
Keymaster
Post count: 4506

There’s a huge chance that the bubbles are starting to burst in these high-tech stocks. That’s important because of their weighting in the S&P 500. So these stocks have a bigger impact, because while it’s 500 companies…it’s not 500 equally divided companies. These stocks hold a higher weighting/percentage of the index. Just the top two are huge %’s for just two stocks in the index.

https://www.investopedia.com/top-10-s-and-p-500-stocks-by-index-weight-4843111

Additionally, I believe the Tesla bubble is likely popping now too.