We’ve never seen such concentration in the S&P 500, notes Eric Lynch. He discusses the historic concentration of the top 7 in the S&P 500. He looks at Oracle (ORCL) which is up 33% year-to-date. He talks about finding opportunities outside of the “Magnificent 7,” highlighting Herman Miller (MLKN). Tom White then joins to demonstrate example trades using ORCL and Nvidia (NVDA). He is bullish on ORCL and the trade type is a call spread. He is neutral to bullish on NVDA and the trade type is a put spread. Tune in to find out more about the stock market today.
Morning Trade Live
25 Sep 2023
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