Topley’s Top 10 – July 20, 2023

1. MEME Stock ETF +61% YTD

www.stockcharts.com

2. Update on Big 7 vs. The Rest

@kobeissiletter

3. Top 10 Weighted Stocks Market Cap vs. Earnings Contribution

Callum Thomas This is a very interesting juxtaposition, and similar to a chart I shared recently, it shows the market cap weighting of the 10 largest stocks… vs the earnings contribution of the same group. Seems they’re not really pulling their weight.

Source: @Mayhem4Markets From Callum Thomas Chart Storm

https://www.chartstorm.info

4. QQQ vs. Utilities Close to 2021 Highs Before Bear Market

This chart compares QQQ tech stocks versus defensive utility stocks

www.stockcharts.com

5. Update Unicorn Valuations

6. PKW Buyback ETF -A Couple Points from New Highs

www.stockcharts.com

7. Commercial real estate is poised to take a $800 billion hit from remote work-Quartz

Offices need to adjust to the new reality of remote and hybrid work—or risk bigger losses for their cities.Clarisa Diazand Gabriela Riccardi

This week, a new report from the McKinsey Global Institute looks at how remote and hybrid work are changing real estate in the world’s biggest urban centers. Their projection: In nine global cities, remote work is poised to wipe out up to $800 billion of office value by 2030. And that’s just the moderate projection.