The equal-weight S&P 500 just beat the regular S&P 500 by the widest margin since April 2009$RSP gained 4.9% in …
The equal-weight S&P 500 just beat the regular S&P 500 by the widest margin since April 2009
$RSP gained 4.9% in October while $SPY fell 0.9%, a 5.9 point gapThe only bigger month in the data was April 2009, right off the financial crisis bottom, when the gap hit 8.8 pointsThe mega caps did the damage$Alphabet(GOOGL.US) fell 18.7% in October, $Meta Platforms(META.US) fell 15.2%, $NVIDIA(NVDA.US) fell 10.4%, $Broadcom(AVGO.US) fell 7.2% and $Amazon(AMZN.US) fell 3.5%Meanwhile the average stock quietly ripped higherWhen a handful of giants carry so much of the index, a bad month for AI leaders can hide a strong month for everything else, and October was the clearest example of that in 17 yearsSource: StockMarket.News

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