Daily Charts - The 10 largest stocks vs 490 in the S&P 500

Callum_Thomas
01-03

1.Interesting observation from GMO:

Since 1957, the 10 largest stocks in the $.SPX(.SPX)$ have underperformed an equal-weighted index of the remaining 490 stocks by 2.4% per year. But the last decade has been a very notable departure from that trend, with the largest 10 outperforming by a massive 4.9% per year on average.

It’s rare and bubbly for the top stocks to outperform like this!

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2."Reacceleration" did *not* happen in 2024, which goes to show sometimes it takes a while for leading indicators to work (and sometimes not at all)

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3.This chart was warning of recession (too early) last year, was it just a case of too early vs wrong?

(is there even a difference?)

Still an interesting chart, with 3-way confirmation of signal despite being wrong:

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Comments

  • KSR
    01-03
    KSR
    👍
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