As Dovish As it Gets (guest: Edward Harrison)
The Market Huddle
00:00
The Dominance of Mag Seven Stocks in the S&P 500
The speakers discuss the relevance of the S&P 500 index and the concentration of the Mag seven stocks within it. They compare the NASDAQ 100 index to the S&P 500 in terms of flexibility in adjusting stock weights and speculate on the potential market reactions due to concentration concerns. The chapter concludes with a discussion on the bullish momentum of the NASDAQ and the mixed price action of the Mag seven stocks.
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