"There is no S&P index anymore. It's just a few names." @CarterBWorth takes to the charts to explain the market's major bifurcation. pic.twitter.com/PYykZ6Z4lP
— CNBC's Fast Money (@CNBCFastMoney) July 6, 2020
“Chart Master” Carter Worth checks out the concentration of capital issue in the S&P 500 index. This overweighting problem is why, when traders finally try to rebalance out of the tech high-flyers (that could happen) the whole market will suffer.