TKL: The market has rarely ever been so concentrated: The market cap of the top 10 stocks in the S&P 500 is now at a record $20.9 TRILLION.

TKL: The market has rarely ever been so concentrated: The market cap of the top 10 stocks in the S&P 500 is now at a record $20.9 TRILLION.

Since the August 5th low, the top 10’s market value has risen by $4.5 trillion.

This year, these 10 stocks have added $7.3 trillion in market cap, marking a 54% increase.

Furthermore, these 10 stocks are now are worth more than the German, Canadian, UK, Indian and Japanese stock markets COMBINED.

In effect, the top 10 accounts now for a record 39% of the S&P 500 index.

Truly mind-blowing numbers.

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