Including the magnificent 7, S&P500 reverses into positive territory. The magnificent 7 has not been surprising much on earnings, but has performed well more due to a strong balance sheet. We are likely to see this continue as we move towards a year end rally for 2023, but question is if it's rise can continue into 2024. For now, treasuries remain a safer bet.
In case you missed it... The#sp500 Equal Weighted Index is now down more than 5% this year... Source: Barchart