These 4 Stocks Account For Over Two-Thirds Of 2018's S&P Return

Forget MAGA, it's a MANA market in 2018...

Since the start of the year NYSE's FANG+ Index has massively outperformed the broad market...

With Information Technology accounting for 97% of the S&P 500's total return performance YTD...

 

However, as S&P Dow Jones Indices' Howard Silverblatt tweeted today, it gets even more concentrated, forget FAANG+, FANG, it's MANA that matters as just four stocks - Microsoft, Apple, Amazon, and Netflix - were responsible for over 68% of the S&P 500's total return through Monday.

So the message from 2018's markets is simple - diversification is for losers, buy what's working, trend is your friend, it's a no-brainer...

MANA - Make America Normal Again

Comments

ParkAveFlasher Wed, 05/16/2018 - 17:20 Permalink

Wow, top ten are either crap distributors, crap wholesalers, crap content providers, crapworking, craperating systems that are continually in a state of crapsolescence, and oh! what's left? the crap credit crap companies that finance the preceding crap, at crap interest rates, with crappy Indian crapstomer service.

Flush already!

snblitz DennisR Wed, 05/16/2018 - 17:51 Permalink

Netflix is another of those debt/equity companies that do not make a profit and attempt to drive everyone else from the market.  They do not even do anything innovative.

I founded DemandTV 20 years ago delivering video over the Internet.  Got bought by DirecTV who is now owned by AT&T I think.

Come on guys let's get Netflix to 300 P/E!

It seems to more about branding than technology.

In reply to by DennisR

Consuelo Wed, 05/16/2018 - 18:46 Permalink

Selling your information has never been more easy, or profitable it seems.   Millions of herded cattle can't be wrong, can they...?

 

 

Let it Go Wed, 05/16/2018 - 19:55 Permalink

The thought those forgetting the lessons of the past are doomed to repeat it rapidly comes to mind when I look at the economy of the year 2018. While we constantly refer to the "2008 financial crisis" it has been chiefly forgotten and we have learned very little. By this, I'm pointing to the true harsh reality and its details.

The so-called great recession blamed by many on a crisis in housing is now so far in the rearview that many people see it as merely a reset from which we have moved on. The article below is a stark reminder that we may have learned nothing.

 http://Often Mentioned 2008 Crisis Chiefly Forgotten.html

Yen Cross Wed, 05/16/2018 - 21:24 Permalink

  UST rates account for 70-80% of the derivatives markets.

  That 10-30 spread keeps tight, as the short end catches up.

 The Genie is out of the bottle, and being long $usd is the WRONG side of the trade.

 Why is DAX jacked so high on bad euro macro? The [synthetic] euro/dollar hedges are going to unwind.