Tech Vs. Everyone Else

I thought this was an interesting chart. It shows two ETFs. The blue line is the S&P 500 Tech sector. The red line is the everything in the S&P 500 except the Tech sector.

This really shows you how much tech has dominated the market. In fact, it may understate the role since Amazon is classified as a consumer discretionary stock.

Posted by on July 7th, 2020 at 1:27 pm


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