#OtavioTaviCosta Of #Crescat Capital: "[The Aggregate Wgt Of #Apple, #Microsoft in #S&P500 Is Larger Than 4 Sectors Combined, & 70x > Than Entire #Metals & #Mining Industry. ...This can Also Amplify Downward Pressure When The Market Is Headed Lower.]"

"This is an important day to highlight the following:

The aggregate weight of Apple and Microsoft in the S&P 500 index is now larger than 4 sectors combined, and 70x greater than the entire metals and mining industry.

This level of dominance by 2 companies is unprecedented.

More importantly:

Being a significant portion of the market can be incredibly positive on the way up, yet it can also amplify the downward pressure when the market is headed lower."

#OtavioTaviCosta Of #Crescat Capital: "[The Aggregate Wgt Of #Apple, #Microsoft in #S&P500 Is Larger Than 4 Sectors Combined, & 70x > Than Entire #Metals & #Mining Industry. ...This can Also Amplify Downward Pressure When The Market Is Headed Lower.]"

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