When the Russell 2000 is up over 20% and the S&amp;P under 10%, &quot;I just own the index&quot; means very different things depending on which index. A chance to explain how market-cap weighting quietly concentrated listeners into a handful of names. Today&#x27;s Stocks &amp; Topics: Cardinal Health, Inc. (CAH), Market Wrap, McDonald&#x27;s Corporation (MCD), Rotation Trade, Oracle Corporation (ORCL), The Index Fund Trap, Barrick Mining Corporation (B), Agnico Eagle Mines Limited (AEM), ImmunityBio, Inc. (IBRX), The Power Grid. Our Sponsors: * Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com * Check out Quince and use my code quince.com/INVEST for a great deal: https://www.quince.com Advertising Inquiries: https://redcircle.com/brands

The Index Fund Trap

InvestTalk

This is InvestTalk from KPP Financial, helping investors make sense of the markets one day at a time. Here's your host, Luke Guerrero. Good afternoon, fellow investors, and welcome to the Thursday, July 2nd, 2026 edition of InvestTalk.

I'm your host, Luke Guerrero, and I'll be with you over the next 55 minutes or so as we round out the stories for the week, bring you issues that matter, and most importantly, most, that's not a word, most importantly, answer your finance and investment questions before we head off for the long weekend. Now, I've mentioned it earlier in the week. I'm sure Justin mentioned it as well. Tomorrow is a holiday as markets are closed,

so we will be having a best of episode. Another issue I wanted to remind you about is that our newest InvestTalk Wealth webinar, Beyond the Yield, How to Invest for Your Income Needs, was a couple days ago, and if you missed it, it is now available on the InvestTalk YouTube channel, so I encourage you to go check it out. Okay, in just a bit, we'll talk about today's market performance as well as the show topics that I'm bringing to the table. But first, let's tackle this caller question.

Hey, Justin and Luke, wanted to give you guys a call. Over the years, can you please give me your analysis where they're at today? The show, we'll listen to the podcast. Cardinal Health, a name that we do, we used to get pretty frequent calls about, that's ticker CAH,

is actually the number two U.S. pharmaceutical distributor just behind McKesson. They have $56 billion in quarterly revenue from their drug distribution, specialty pharma oncology, and their at-home solutions. And they also have their global medical products distribution.

The Index Fund Trap

Read the full transcript

The candid version is on a podcast,
not the earnings call.

The Index Fund Trap

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.