What goes up must go up?

must go up?

Motley full Money. I'm Deidre Willard here with Motley Full Money. I'm Deedre Willard here with Motley full analyst

Jason Moser. Jason, how's your Monday going so far?

Hey, Deedre, just great. How about yours?

Well, it's pretty good and really good. I guess if you're watching the stock market we hit an all-time

high for the S&P 500 on Friday and this morning it zoomed up again. Interesting because

the last all-time high was set in January of

2022 not that long ago but feels like feels like a long time. It does, doesn't it?

It does. What should we be thinking as we look at this rally?

Well, you know, I was saying on Motley Full Money on Friday, you know, for as well as the market performed in 2023 it just didn't quite feel like it maybe

maybe they're just sort of pockets about performance

into that point I mean you just we can't ignore the Magnificent Seven, right?

I mean, a lot of people are probably sick of us saying this, but the fact of the matter is,

while we've talked about the Magnificent Seven for a while, their outsized impact cannot be ignored. I mean when you look at these

seven companies and then you think that in over the course of 2023 the the

laggard of the seven was Apple which was still up like 50% in essentially better than double the market's returns there.

I mean we can just see that clearly those seven companies have had a big impact on the

way the overall market has performed. Now that doesn't mean that the rest of the

market hasn't performed well or offered investors opportunity.

I mean, obviously stocks on the whole are performing very well.

I think a lot of that really is being driven by this idea that inflation really is now starting to come back down.

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