S&P 500: Stocks Driving Higher, Crash Potential, Stabilization, and Retracement Bounce
TL;DR Summary
The S&P 500 has risen 12.5% in 2023, with several megacap stocks driving the benchmark index, including Nvidia, Meta Platforms, Tesla, Amazon, Royal Caribbean, Carnival, General Electric, Palo Alto Networks, PulteGroup, West Pharmaceutical Services, Salesforce.com, and Airbnb. Nvidia stock is up 184.7% despite recent losses, while Meta stock has surged 148.5% and Tesla stock has spiked 98.8%. Other top performers include Royal Caribbean, Carnival, General Electric, Palo Alto Networks, PulteGroup, West Pharmaceutical Services, Salesforce.com, and Airbnb.
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