stocknoob4111 wrote: ↑
Fri Jan 10, 2020 1:08 pm
clip651 wrote: ↑
Fri Jan 10, 2020 1:03 pm
Maybe it's time for you to start a small caps or SP 600 in free fall, soaring, or whatever you want to call your thread ... this is the US stocks thread.
?? The S&P 600 comprises of US stocks in the most quintessential sense. The S&P 500 is actually more of an international index since a lot of it's revenues come from overseas even though they are US companies the customer base is significantly international.
If anything most appropriately belongs here in the US Stocks
it is the S&P 600 NOT the S&P 500. Just for the record.
"US stocks" in general on this site (as part of the three fund portfolio, for example) is typically understood as something along the lines of what's in the total US stock market index. SP 500 isn't total US stock, but it tracks it pretty closely, and so if folks have that available in their 401k and not TSM, for instance, many choose to just use something that tracks the SP 500 instead. Some will add a completion index if they want to include the small caps. And the SP 500 is commonly reported, so it's easy to discuss that as shorthand for how the US stock market is doing, so many posts on this thread (not necessarily by me) reference how the SP 500 is doing on a given day. Pretty much what this thread is for.
SP 600 is a small cap index, and therefore just a portion of US stocks in comparison to total stock. Of course, some people choose to tilt to small cap or small cap value, so they may follow those indexes as well, or instead, if they are watching market movements.
If you want to make the US vs international composition argument about the SP 500, there are plenty of other threads on that.