You can't make this up:
— The Kobeissi Letter (@KobeissiLetter) November 27, 2023
The S&P 7, also known as the 7 largest tech stocks in the S&P 500, is up a massive 80% in 2023.
Meanwhile, the S&P 493, or the remaining 493 companies in the S&P 500, is up just 4%.
In other words, the S&P 7 is up 20 TIMES as much as the S&P 7.
A few… pic.twitter.com/1CpcrnWsCi