Aug. 10 at 4:02 PM
Microsoft has been crushing the market over the past month.
The surprising part? Just 10 stocks powered a huge chunk of the S&P 500’s gains:
$GOOG : +5.4% → 14 points
$XOM : +12.3% → 11 points
$JPM : +7.4% → 10 points
$PLTR : +25.8% → 9 points
$CVX : +12.5% → 6 points
Look beneath the surface and this rally is far more concentrated than the headline index suggests.
That matters. When a few heavyweight names do the heavy lifting, their next moves can have a much bigger impact on the entire market.