It’s now a stock picker’s market as more shares outperform the S&P 500. Here’s what that means for your portfolio. - MarketWatch
1. Over 49% of S&P 500 stocks surpassed index gains; active managers find new opportunities. 2. Equal‐weight S&P 500 historically outperforms after concentration declines; smaller stocks gain momentum. 3. Rising dispersion and volatility signal shifting performance dynamics and reduced megacap dominance. 4. Investors increasingly favor active stock picking and cheaper ETFs amid market uncertainties.