Tsla - A lot of ppl point to passive index flows for holding up the S&P and while a factor, I'd argue ud think we'd see more spread out gains in the $SPX components if that was the main driver, instead s&p would be flat if not for gains in retail darlings (Nvda, TSLA, big tech) in 2023 https://t.co/Dx8E3gv4u3

11:23am PDT - July 8th, 2023

A lot of ppl point to passive index flows for holding up the S&P and while a factor, I'd argue ud think we'd see more spread out gains in the $SPX components if that was the main driver, instead s&p would be flat if not for gains in retail darlings (Nvda, TSLA, big tech) in 2023 https://t.co/Dx8E3gv4u3

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Wen (@WenLaw42)