
S&P 500 Performance and Key Drivers - The sharp rise in the S&P 500 (SP500) in 2024 was largely driven by the "Magnificent 7" stocks, which constitute a significant portion of the index [1] - As 2025 begins, momentum stocks are experiencing selling pressure, indicating a potential shift in market dynamics [1] Analyst Background and Industry Insights - Gary Alexander, with extensive experience covering technology companies on Wall Street and working in Silicon Valley, provides valuable insights into industry trends [1] - He serves as an outside adviser to several seed-round startups, offering a unique perspective on emerging themes in the tech sector [1] - His contributions to Seeking Alpha since 2017 and syndication to platforms like Robinhood highlight his influence in the investment community [1]