3min chapter

The Compound and Friends cover image

The Next Big Test for Stocks | WAYT

The Compound and Friends

CHAPTER

The SMP 500's Responsibility for the Stock Market

The SMP 500 doesn't have to decide anything. They're pure market cap weighted. The last time this happened, they lagged by 2-3%. What are we talking about here? Who cares? Yeah, they're big stocks. So let it be. We'll see what happens. If I was the index provider, I'd probably short them. That's a great take. Let's move on. Second quarter earnings start on Thursday. Are you scared? Yes, they do.

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