Snippet from Goldman Sachs on equites:

  • Magnificent 7 stocks collectively now make up 20.7% of total U.S. single stock net exposure
  • highest level on our record
  • above the previous peak level of 20% seen last summer

Given NVDA its almost the Mag One right now.

magnificent seven 2

Apple, Microsoft, Amazon, Alphabet (Google), Facebook, Netflix, and Tesla.