August 24th, 2020 Market Commentary -Leap Wealth Management
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Which piece of this pie do you really want? If you are in a cap weighted index do you know what is driving results?
All Time Highs reached in the Nasdaq and S&P 500 last week. Apple tops $2 Trillion with the Information Technology sector leading the way.
S&P Cap Weighted Index has been driven by a small handful of companies though, digging deeper shows the rest of the S&P 500 doesn't fair as well and things may not be as good as they look.
8 of the 11 sectors in the S&P 500 lag behind with 5 still negative. So what does this mean?
Times have changed and the markets have changed - maybe it is time your investment strategies change too! Contact us to learn more.
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