Most sectors did well today but Utilities and REITs were notable laggards with declines of 1.1% and 0.7%, respectively; Tech continues to widen its YTD lead … small caps had relatively strong day but Russell 2000 is still down marginally YTD, falling way behind S&P 500 pic.twitter.com/nB9Z4sDj7m

Spread between S&P 500's forward earnings yield and 10y Treasury yield continues to hover near two-decade low pic.twitter.com/7dZTV1lc86

The market cap-weighted S&P 500 is outperforming equal weight index by over 10% this year, following 12% outperformance in 2023. Since 1971, we've never seen consecutive years with >10% outperformance. bilello.blog/newsletter pic.twitter.com/uVGzli8aju

The best performing stock in the S&P 500 this year... bilello.blog/newsletter pic.twitter.com/o7bVlKmuWW