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🔥 The US stock market is experiencing historic divergence: The S&P 500 Equal Weight to S&P 500 Index ratio has fallen to 1.1, near its lowest level since 2003. This figure is even lower than the bottom of the 2008 financial crisis (~1.2) and has fallen -28% since February 2023 — the deepest decline ever.
This suggests that large-cap stocks (Magnificent 7) are pulling the index up while the rest of the market weakens. Could this be a sign of a broader correction?
#DellSurgesCostcoSlows $SPY

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