Trump is stepping up as pres

Gaius · 2024-10-22T21:58:29.298Z

How 3 Stocks Drove Nearly Half of S&P 500 Gains in 1H 2024 | YCharts

Discover how NVIDIA, Alphabet, and Microsoft fueled 49% of the S&P 500's gains in the first half of 2024. Explore market concentration trends and implications for investors with YCharts' in-depth analysis.

Est. reading time: 7 minutes

conan · 2024-10-23T00:19:48.858Z

He’s rolling in the dough.

Gaius · 2024-10-23T00:34:43.191Z

From the article:

NVIDIA, Alphabet, and Microsoft fueled 49% of the S&P 500’s gains in the first half of 2024. . . .

NVIDIA, Alphabet, and Microsoft collectively posted a 49.3% gain between January and June 2024, adding around $2.85 trillion in market cap. The S&P 500 overall gained $5.8 trillion of market cap in the first six months of the year, meaning these three companies drove 49% of the index’s total gains. (All seven “Magnificent Seven” stocks as a collective accounted for 64.3% of S&P 500 market cap growth for the first half of the year.)

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conan · 2024-10-23T00:39:28.939Z

They weren’t buying lattes and avocado toast.

But that is impressive…3 companies driving S&P like that.

Take those three away and S&P barely kept up with inflation.

conan · 2024-10-23T00:41:56.344Z

And then you have a poster basically saying it’s mainstreet own fault for buying lattes and avocado toast.

My guess he doesn’t know who are mainstreet.

Gaius · 2024-10-23T02:11:28.631Z

tnt:

It’s 43K right now.

up 39%. So double real inflation.

According to investopedia.com
Adjusted for inflation, the historical average annual return is only around 6.37%.
(1957-2023)

Care to guess what the inflation-adjusted return has been since Joe Biden’s first day in office? NVM I’ll tell ya. It’s 4.85%

It has been on a TEAR since the midterm election 2022,
so you might want to pick your starting date more carefully next time.

PS I don’t really think Congress and the Pres have much direct power over the market, but this is just too easy and too fun.

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Oldandtired · 2024-10-23T04:33:58.905Z

Look at you cheering the billionaires getting richer. The democrats have come out of the closet and are showing that they were always the party of the rich like we always knew.

kermode · 2024-10-23T04:38:05.959Z

I’m not a billionaire, but I’m getting richer from the stock market and interest on CD’s. That because unlike the whiners I had the good sense to save a good chunk of my income starting in my 20’s and now I’m loving my retirement life.

Oldandtired · 2024-10-23T04:42:08.334Z

Let us all know when you have a billion. You get crumbs while the democrats line the billionaire’s pockets. Lib.

kermode · 2024-10-23T04:43:16.051Z

A couple million ain’t crumbs, whiner.

Oldandtired · 2024-10-23T04:50:41.643Z

Looky looky who owns most of the money in the stock market. Like I said democrats bragging about making the rich richer.

Markets Insider

The wealthiest 10% of Americans own 93% of stocks even with market...

America's richest have never owned so much of the country's stock market, according to Federal Reserve data.

Oldandtired · 2024-10-23T04:58:52.965Z

Look at you brag. Tell you what my land and livestock will be here even when your crumbs are gone in the blink of an eye. Lib.

SpadeMarlowe · 2024-10-23T10:24:11.452Z

gooddad409:

SpadeMarlowe:

Nemesis:

My gosh you do use the word hate a lot. In your world everyone hates everyone else. Thank god I do not live in that world.

I use stupid because I SEE stupid people.
Kamala is a poster child for stupid.
But I have a few other words.
She is sly and slippery.
She lies for a cause.
She gets into hysterical outbursts at an inapropriate times because she does not know what to talk about.
I don’t hate her…I feel sorry for her, she needs help.
This election, if there are enough people left with a sane/sober head to think with, it should end at 10 00 PM.
But I am sceptical. Too many people are willing to live like dogs 4 more years.
Me…I wont hang around. My dream is to buy a shed in a small fishing village somewhere in Greece.
Ill keep in touch here, that’s for sure.

The only people i see that would profit from Kacklin Kamala are politicians , illegals, and deadbeats looking for more freebies at the expense of the working class.

Disgusting.

Absolutely.
And if she wins without cheating I might as well light a candle for America and say…200 plus years …she lasted long enough, I guess, and every dream must come to a close.
But even if Trump wins it is only prolonging the final end and he’ll just buy a little time.

To many here are working at emploding the country from witheen and what can you do with them…aside from another Civil War…that I don’t wish to anyone so I can only say…
It is what it is.

FreeAndClear · 2024-10-23T12:20:56.766Z

conan:

They weren’t buying lattes and avocado toast.

But that is impressive…3 companies driving S&P like that.

Take those three away and S&P barely kept up with inflation.

And take the increase away and it didnt increase at all.

Those three companies accounted for it only in 2024.

Oh for the good old days when stock market increases were signs of the greatest economy in the history of economies.

FreeAndClear · 2024-10-23T12:21:41.451Z

Everything said about Obama. All of it. Histrionics and all

Gaius · 2024-10-23T12:29:38.784Z

FreeAndClear:

conan:

They weren’t buying lattes and avocado toast.

But that is impressive…3 companies driving S&P like that.

Take those three away and S&P barely kept up with inflation.

And take the increase away and it didnt increase at all.

Those three companies accounted for it only in 2024.

Oh for the good old days when stock market increases were signs of the greatest economy in the history of economies.

LOL
Ya beat me to ity.

I was just gonna post Libs should go back to pointing out “The stock market isn’t the economy.”

Anyway what you say about the three is largely true.
The multiyear cut-off is seven stocks.
Since the pandemic the stock market has been 493 anemic stocks and seven stocks that have grown so large they provide evidence for lib conspiracy theories about giant corporations.

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SixFoot · 2024-10-23T12:52:20.041Z

conan:

■■■■ mainstreet…right lib?

More like, just lie their asses off in order to “win” whatever it is their loony asses are doing for 18+ hours a day online.

gooddad409 · 2024-10-23T12:57:30.335Z

SixFoot:

conan:

■■■■ mainstreet…right lib?

More like, just lie their asses off in order to “win” whatever it is their loony asses are doing for 18+ hours a day online.

From Mom’s basement?

conan · 2024-10-23T18:42:59.569Z

SixFoot:

More like, just lie their asses off in order to “win” whatever it is their loony asses are doing for 18+ hours a day online.

I really miss @DOLOOP bashing mainstreet America. Need more libs stepping forward to bash em.

Munimula1 · 2024-10-23T18:56:10.682Z

Oldandtired:

democrats line the billionaire’s pockets. Lib.

Whut?