6/24/2024
By Charles Payne CEO & Principal Analyst

Nvidia (NVDA) is the number one performing in the S&P 500 this year, and Apple (AAPL) is number 63.

Due to Nvidia’s meteoric rise, adjustments must be made to the S&P Tech Sector (XLK).

By the end of the month, NVDA will go to 20.4% of the XLK from 5.84% now, and AAPL will decline to 4.5% from 21.41%.

It will force the selling of $11.0 billion AAPL and the purchase of $10 billion of NVDA.

To read the full report, contact your account representative or email Info@wstreet.com.

Charles Payne
Wall Street Strategies

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