The DeFi Report(@the_defi_report):Are record-high indices hiding a concentration problem? The S&P 500 and Nasdaq are both at all-time highs. But 78% of stocks declined in September, and 54% sit at least 15% below their 52-week high. The S&P's 3-month correlation to its equal-weight index just fell to .49, with Mag7 and a handful of AI-adjacent firms leading the market and holding the indices together. Yet the same market could be historically cheap by one measure: the S&P's PEG ratio, with median forward P/E now just 16.6. --- Our latest edition of TDR Pro gives you @JustDeauIt 's full read on the macro and market regime behind these conflicting signals. If you'd like to access the research, unlock TDR Pro below and get one month free👇

2026.10.08 10:27

Are record-high indices hiding a concentration problem? The S&P 500 and Nasdaq are both at all-time highs. But 78% of stocks declined in September, and 54% sit at least 15% below their 52-week high. The S&P's 3-month correlation to its equal-weight index just fell to .49, with Mag7 and a handful of AI-adjacent firms leading the market and holding the indices together. Yet the same market could be historically cheap by one measure: the S&P's PEG ratio, with median forward P/E now just 16.6. --- Our latest edition of TDR Pro gives you @JustDeauIt 's full read on the macro and market regime behind these conflicting signals. If you'd like to access the research, unlock TDR Pro below and get one month free👇