The S&P 500 is NOT "Stocks" I'll Keep It Quick By Larry Thompson August 14, 2025 "Stocks" were down big today. Over 70% of S&P 500 "stocks" were down today. The index? Green.I’m no math major, but that math makes the point. The S&P 500 isn’t “Stocks” — it’s a active momentum fund heavily weighted toward its biggest stars.You can fight that, complain about it, or just use the context to execute better.Because here’s the lesson from today. 70% of "stocks" can drop, but if the MVPs are scoring, the scoreboard still favors the Bulls.So if you think “stocks” are going down, the S&P 500 isn’t the vehicle to bet that idea.It doesn’t represent "stocks." It represents the leaders.Anyways, that’s my two cents. Thompson's Two Cents Larry Thompson delivers timeless trading lessons and market wisdom in quick daily notes. More from Thompson's Two Cents Larry Thompson Energy Stocks Look Different This Time This One Chart Explains It All February 3, 2026 Larry Thompson The Sunday Stalk List | Ep. 34 20 Charts I'm Stalking February 1, 2026 Larry Thompson The "Work" Paradox Tomorrow Live at 5pm - All Gas No Brakes | Ep. 7 January 29, 2026 Trade Smarter With Larry’s TakeThompson’s Two Cents offers concise market wisdom, timeless trading lessons, and chart-driven perspective you can trust. You must have JavaScript enabled to use this form. Email Address More from Thompson's Two Cents Thompson's Two Cents Watch Now
Larry Thompson Energy Stocks Look Different This Time This One Chart Explains It All February 3, 2026