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12
Jul

Quarterly Update – July 2018

Genesis Wealth Advisors
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Commentary

  • Four of the largest traded technology stocks on the market accounted for 86% of the overall market return this year
  • Amazon has contributed nearly 36% of the S&P 500’s total return this year (Amazon is up 45% YTD)
  • The concentrated effect is reminiscent of the peak of the tech bubble of 2000, with difference being today’s leaders are profitable

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