Monday, July 23, 2018

FAAMG and the SPY

FB, AMZN, AAPL, MSFT and Google account for nearly 50% of SP500 market capitalization. The following chart is a virtual security calculated as follows:
("FB NASDAQ.NMS"/200+"AAPL NASDAQ.NMS"/200+"AMZN NASDAQ.NMS"/1800+"MSFT NASDAQ.NMS"/100+"GOOG NASDAQ.NMS"/1000)/("SPY ARCA"/280*5)



The SPY would have been in trouble in the last 3 years without these stocks.

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