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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

The post These 4 Stocks Account For Over Two-Thirds Of 2018’s S&P Return appeared first on crude-oil.news.

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