BREAKING 🚹

Record number of S&P 500 components are posting negative beta, moving opposite the indexđŸ”».

Evercore’s tally shows unprecedented divergence, with dozens of stocks posting opposite returns. Large caps still lift the S&P 500, while many mid‑ and small‑caps lag📊. The split hides a fractured market beneath headline numbers. Relying on the index alone may mislead investors.

Managers should scrutinize holdings, not just the index⚠

$EPIC, $GTC, $AGT