The Skinny Bull Market: Why 7 Companies Are Driving U.S. Stock Performance

U.S. stocks appear to be in a bull market or about to enter a bull market, but this may be one of the most “skinny” bull markets ever.

In the first 5 months of this year, a total of 8 stocks from 7 companies contributed all or more thanS&P 500 Index A return of 9.65%; on an annualized basis, the return was over 23% over the period, which is pretty good.

However, if these 7 companies are excluded, the first 5 months of this yearS&P 500 IndexInstead, it will fall slightly.

In addition, in terms of the FT Wilshire 5000 Index, these 7 companies also contributed 98% of the return rate of the 3,480 listed companies in the US stock market. The FT Wilshire 5000 index reflects the performance of all publicly traded U.S.S&P 500 IndexBigger and more comprehensive.

In addition, as of the end of May, Huida (NVDA-US) weight in the FT Wilshire 5000 Index is only 2.19%, but the return rate contributed is even higher than the return rate of the index in the current month, reaching 36%. The index returned 0.43% for the month.