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Amazon, Facebook, Google, Microsoft and Apple - What's Incredible?
At the peak in May of this year, it was still 25 cents of every single dollar of the S&P 500 were these five companies. And we always said the market bottom will be when the generals quote unquote get shot to borrow a phrase from Gavin Baker. And it looks like the generals have been shot. Every single one of those companies other than Apple really reported pretty crappy earnings.