Introduction

The S&P 500 is now officially in bull market territory, climbing 20% from those October lows. It's been a long, slow grind higher since then, but it ends the longest bear market since 1948. The momentum across the entire equity market feels kind of real. Only eight stocks have really driven the returns of the S-P 500 and we all know who they are: Apple, Meta, Amazon, Netflix, Alphabet, Microsoft, NVIDIA, and Tesla.