Mark Minervini: Four stocks drive majority of Nasdaq 100 gains in concentrated market

Mark Minervini: Four stocks drive majority of Nasdaq 100 gains in concentrated market
Four stocks drive majority of Nasdaq 100 gains

Mark Minervini, independent trader and educator at Minervini Private Access, reports a highly concentrated market environment. According to Minervini, the Nasdaq 100 has risen 16.2% year-to-date, with just four companies — Alphabet, Nvidia, Micron, and Intel — responsible for 8.4 percentage points, making up 52.3% of total gains. Despite the market reaching all-time highs, only 40% of Nasdaq stocks remain above their respective levels.

Minervini recently exited his position in Micron, citing a sharp price increase and cautioning about a potential pullback for the stock in a prior note on MU. He has also promoted advanced charting tools, offering a $125 savings to traders through a time-limited deal, according to a separate announcement on charting resources. These initiatives complement his ongoing analysis of market concentration and individual stock performance.

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