⚠️This is INSANE:



Since the March 30 market lows, the top 10 S&P 500 stocks have driven ~69% of the index's gains.

The top 5 alone have driven more than HALF of the S&P 500 performance during this time.

This was led by Alphabet, $GOOGL , NVIDIA, $NVDA and Amazon, $AMZN at 15%, 10% and 8% contribution, respectively.

Over this period, the S&P 500 has returned +16.6%.

By comparison, the S&P 500 equal-weighted index, the most popular gauge of the average stock performance, has returned just +8.4%.

Market concentration has NEVER been this extreme.
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