Mike Milligan breaks down summer market patterns and what's ahead. The top ten S&P 500 stocks now make up 35-40% of the index, concentrating risk. Trading volume thins before Labor Day but returns around Thanksgiving, with a potential Santa Claus rally in winter.
We also talked this summer about the volume thesis of the pre-Labor Day week. Maybe you learned something in that. That happens a couple times a year where volume gets really light. The next major time it will show up again around Thanksgiving and the week between Christmas and New Year's. Just watch for it. Sometimes there's also something we'll discuss in the winter, the beginning of winter is the Santa Claus rally. These things happen. When you're educated, you see them coming. We talked about over the summer the concentration risk conversation. The September 500, I mean the S&P 500 exposure through a market cap weighted index is not diversified when the top 10 companies are 35 to 40% of the index. And coming up soon, Rothtober, the fall Roth conversion campaign. Every summer week we referenced it in some way. The window is now open. Let's get ready.
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
