B of A: “.. ‘Magnificent 7’ up magnificent 24% YTD, contributing >50% of $SPX return ( $NVDA alone = 25% ) as monopolistic mega tech monopolizes performance ..” [Hartnett] pic.twitter.com/ooJ631oEwN

* Dow On Pace For Worst Day In More Than A Year @CNBC pic.twitter.com/Got5gSPmBC

Tech was only sector that saw a gain today; now getting a bit closer to Comm Serv’s YTD gain of nearly 20%; REITs fell most today and continue to hold last-place spot YTD … small caps struggled relative to large caps, led to downside by Russell 2000 Value (which is now down YTD) pic.twitter.com/81WVyiIfv9

Since S&P 500’s October 2022 low, forward P/E (blue) is up 37.1% while forward EPS (orange) are up 8.4% pic.twitter.com/pvRQuC7zjA