SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Winfastorlose who wrote (10251)8/23/2020 1:35:36 PM
From: Sun Tzu  Read Replies (1) | Respond to of 26439
 
On March 10, 2000 Nasdaq had a total market cap of $6.6T and the top 10 stocks made up $2.1T of that or 32% of the total market cap. Today, Nasdaq has a market cap of ~$21.5T and the top 10 stocks make up $6.5T or 30% of the total market cap.

So the narrowness of the breadth is getting close, but the differences end about there. See Message 32896852



To: Winfastorlose who wrote (10251)8/23/2020 2:27:16 PM
From: Kirk ©1 Recommendation

Recommended By
Winfastorlose

  Read Replies (1) | Respond to of 26439
 
Not a fan of ZH but those are great charts.

What is interesting and not stated there is:
  1. if Tesla was added to the S&P 500 it would be in the top 10 by market cap
  2. Buffett's BRK.B is in the top 10 and I believe over 40% of its market cap is its Apple holding... which makes the index even more tied to Apple stock price.