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A one off day for the Mag 7, or a sign of things to come? By Lane Clark of TPP.
A sign of things to come, or a one-off day for the #mag7 ?
If you fell asleep at the back end of last week, you might have missed these movements.
Tesla down 8.4%
NVIDIA down 5.5%
Microsoft down 2.4%
#meta down 4.1%
Amazon down 2.3%
#apple down 2.3%
#alphabet down 2.9%
ALL IN ONE DAY!!!!!
Caveat- they bounced back a fair bit on Friday, but……..
It's been a while since we've witnessed movements like this in these stocks.
Are the markets getting nervous at these lofty levels?
Are the funds building their shorts?
Is this a sign of things to come or just a blip in the road?
What do you think?
This week could tell us more.
For more insight head to www.tppglobal.io
#ustech #stockmarket #ifa #trading
