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Is China set for "finally" bottom and an epic rally?
VICTORY COMPLETES MAG SURVEY OF ITS TAHLO LAKE PROPERTY IN THE BABINE COPPER-GOLD PORYPHYRY DISTRICT!
DWAC called it , tanking , you lose again MAG A MAGA MA GA
NKE gains on gains. Decided to buy myself some Nike MAG Back to the Future kicks off the earnings rip.
$GRLVF Group Eleven Resources 🔥
$GRLVF Group Eleven Resources🏔
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I’m sure his VFV type portfolio is down by 3% or more and little does he know that half of that is MAG7
Specifically AI though - like the MAG 7 is a huge proportion of the market isn't it? And a bunch of them are heavy in AI (Nvidia, META, Google, Microsoft)
The kids who dumped everything into MAG7 go away I guess. The 2022 mini bear saw people constantly calling them all crappy overvalued stocks Although there were also a lot of informative posts around that time as well. I learned a fair bit about inflation and economics just lurking around.
The problem isn't the profit of Meta/Google/AWS with AI. Not even openAI. They all invest a lot to have their own infrastructure and that's fine. Most likely they buy and build far too much, as they all hope to be the dominant player. But still this isn't a real issue. OpenAI is funder by investor that know they can lose it all and the other are established companies that can afford it no issue. The problem is more the crazy valuation that instead of pricing 1-2 winners and others being loser price the market as if all the MAG7 + openAI and a few other startup will all be winners and mane each an extra 500B/year from AI. This simply won't happen. At the end the problem is valuations. People speculate and give high valuation before there a matching market and clear winners and they don't just that to 1 company but to many. When things will settle, it will be a blood bath mostly because people speculated. All these companies are right to invest and right to play the game. This is not the problem.
Funnily enough I think it is the only MAG7 issuing shares rather than buying back though, I could be mistaken but that is a concern of mine
Solid company. Not sure how long MAG7 will sustain. I own both because I do not care or want to have too much in individual companies.
True - I pulled out most of US investments in February before Trumps first crash and despite still believing MAG7 still has legs, I think up and coming AI companies have more growth potention to pivoted there. I started with positions in gold and silver for the first time ever, so that has buffered some of Friday's shock. My gut was telling me sell to money market last week but my brain was telling me stay. Hindsight is obviously 20:20 but looking back, gut feeling tends to be right despite what logic and balance sheets might say. Of course, sounds so easy but we all know it isn't
AMZN rebound is much slower than others, I just wish it was like other MAG7 stocks.
But to answer your question on whether to sell or hold, as long as your plays arent getting delisted, or declaring bankruptcy, keep it. It's gonna go back up when? I don't know I have less trading experience than you m8 but we truly lose when we sell at a loss Buy the dip if it ain't gonna screw with your cost avg. Not financial advice, but you might have microsoft or google or any other of the MAG 7 hell nah dont sell unless you know for sure. Have a wonderful one!!
Stock goes down enough so MAG7 can pump again after Earning. Not long after that, Buyback will be back and pump up the stock market further.
The Stock has been flat all year. It's time to catch up to the rest of the MAG7
You're welcome, and I'm so glad you're really looking into it! If I may, please let go of this: "get to know their charts" In a word, it's voodoo. You' didn't say "T/A," I know, but **no one** can look at a company's chart and say with any kind of certainty above 50% that, "Well, the last time it did *this*, it did *that*, and it just did *this* again, so there's an 87.42% chance it's going to do *that* again." And I grasp the irony of me saying that when out of the other side of my mouth I'm saying, "Hey guys, look at [this chart](https://imgur.com/a/4-etfs-over-6-months-u-keizman55-FKM5546) of some ETFs that are doing GREAT right now!" But ETFs are different because they're a *basket* of stocks. They participate in the *momentum* of an industry or sector or commodity or whatever, *without the volatility of a single stock.* And we can look at a chart like that one and know with some confidence that those trends will continue for a while, because [momentum in equities prices persists.](https://www.sciencedirect.com/science/article/abs/pii/S0927538X18303998?via%3Dihub#preview-section-references) Just skim through that "synthesis of the literature" to see what I mean. Also to your point about everything you'd like to invest in being at ATHs: *try to let go of that fear too.* Because **why** are things at ATHs? *Because they're doing well!* And they're probably going to *keep* doing well. Look at any of the MAG7 on a 3y or 5y view, catch them when they were already going up, not back when they were flat. Do you know how many people are STILL on the sidelines because they couldn't force themselves to buy at ATHs? Don't be afraid to buy something simply *because* it's going up. Buy high, sell higher. It works. Good luck to you!
MAG 7 Goes Green Today, a lot of good news. Will drive SPY
It's entirely within the pattern, you just refuse to accept it because you are buying into the crowd mentality that has been established since we're in a multi-decade long uptrend. Reddit is never right about stocks and investments, last time I posted something in April this year and I was downvoted to oblivion for claiming that the market could reach ATHs this year, because they claimed Trump was ending the US economy. The US will not go bankrupt, US stocks will simply stagnate up and down for around 10-20 years like in the 1980s with stagflation. MAG7 = Nifty 50 in the 1980s, great companies but valuations slashed in half or more. Gen Alpha will laugh at Gen Z like we laugh at Boomers buying AT&T and IBM. Subreddits like this will stop fluorishing, and when investing becomes "boring" again, that's when the true investors will start buying.
What's not at ATH? Real Estate, I suppose, though it's close. Bonds aren't at ATH, though they look like they soon will be once the Fed cuts interest rates down to size again. Even Silver has suddenly jumped dramatically recently. I think we're just in another everything-bubble, with real estate as the odd man out simply because RE has run out of plausible buyers. A combination of plain ol' passive indexing, global money supply (a lot of nations are riding on the MAG 7, not just the US), the democratization of investing, devaluing of/proliferation of the USD, and an increasing concentration from the rest of the stock market to like, 6.5 stocks is the reason things look this way. It's not healthy, and it'll eventually sort itself out, but nobody can predict when. Finally, there's the K-Shaped economy. Most of the money these days is going to an increasingly well-off set of people at the expense of everyone else in the economy--and those people on the top leg of the K rely on stocks and mutual funds to maintain and grow their wealth. Short of morphing into an aristocracy (not out of the question, and people would argue we're already kinda there), that should eventually correct itself when it turns out that you can only bleed that bottom leg dry for so long before they have nothing to give to the top leg. But again, this is something that will sort itself out at some unknown date and time.
i think the people that remember a different normal are referring to before AI / tech bubble that we have right now. When banks and oil companies and retailers made up more of the SP500. Now it's basically the MAG 7 and the rest of the market is ignored somewhat so it's completely different metrics. In a way it doesn't make since the AI trade is divorced from the economy somewhat and that is a little unusual..
You're maybe talking about a relatively small number of companies that are running losses on AI. Not the ones that matter for the overall stock market (NASDAQ / S&P500). If you lost every other tech company and left only the MAG 7 at their current valuations, the S&P would see only a minor drop.
\> i been bagholding for over a month Too Short a Horizon to look at returns, if you're looking for Short Term Returns, may be investing in MAG7 + Data Center Theme is not your style. If you're looking to beat S&P with Single Names, you need a thesis, entry point where you think these companies are undervalued and have a reasonable moat, recurring revenue streams, predictable business and at the same time have an outlook of the future. Look at the macro regime thereby and then think thoroughly how S&P should react / would react and if these set of 5 Single Names would wither through that time frame, if all of that clauses confirm to your bias and you still think these 5 names can beat S&P in a longer horizon, say 1 year or 2 years, then it would be a decentish win, again this is not financial advice, but patience does pay off in the long run.
Why would one of the MAG 7 only invest 75 million into this company if they lost more the 214 million? I would think they would invest more? ELI 5
sry for having another question... Magnificent 7 (MAG7), and use them to practice what you’ve learned What excactely do you mean with use them to practise what you've learned? Like entry/exit points how to predict it (Technical analysis)
AMD’s market cap is only around $360 billion, practically peanuts in the context of the AI race. It’s less than 10% the size of NVIDIA. There’s still plenty of room to run. At its current price around $220, AMD could easily double to $440 within the next six months and still remain relatively small compared to the MAG7. OpenAI was just the signal; now other megacaps will start spending on AMD too. The opportunity remains strong. More spending fuel = higher market cap. Simple formula.
SPY isn't following the MAG7 at all....
Is AMZN the underrated of the MAG7 ? Thinking of buying 2028 $340 LEAPS Good call ?
ye but how the fuck. So strange. Anyway poor BMW is getting slaughtered today but still +% YTD. DAX is overvalued af imo yet people only talk about MAG7.
POET investor speculation? Is it one of the MAG7 or is it just some shitty ass random company?
Yeah, and how many times META (…just as one example) been dragged in to testify? Or any other MAG 7 stocks? Basically all of them have been cast as “liberal” over the years, which is hilarious…how have those co.’s performed?
well not only that , but since it is CAP weighted it is now super concentrated in the MAG 7 names .......... just like it has been just more :D
A bubble would be larger than 1 company my friend, ASML, AMD, Salesforce, Adobe and a bunch of other A.I. adjacent companies are well below ATM still and the MAG 7 have reasonable valuations compared to previous bubbles.
Investing is a long-term game — usually six months or more. Trading, on the other hand, is what you see every time you look at those “gurus” jumping into penny stocks, high-volatility plays, news-driven moves, or crypto. If you’re already struggling, trading will make you suffer even more — it’s insane, and I don’t recommend it. Investing is slower and calmer; you can take your time and focus more on fundamentals rather than staring at charts all day. You can learn the basics from YouTube, but be careful — you’ll see countless videos like “My New Strategy That Made Me $1 Million.” Most of them are nonsense. Focus instead on the basics: economics (interest rates, tariffs, and how they impact stocks, even if it doesn’t seem obvious), simple technical analysis (EMA, SMA), and understanding options (study them first or you’ll lose all your money — gambling hits hard), futures, and trends. Once you understand that, start investing in solid companies like the Magnificent 7 (MAG7), and use them to practice what you’ve learned. I also recommend having regular conversations with an AI assistant to track your growth, analyze your wins and losses, and learn from both.
It is absolutely a meme stock...any stock with this type of market cap and can do more volume in a day than the MAG7 is a meme stock
im just waiting for openAI to go public. It will eventually drill so hard to the ground and take the entire US economy with it, leading to a complete reset with most of the MAG7 tech firms being able to weather the storm
Market behaving like it swallowed a whole box of Cialis and the best MSFT can manage is +0.2% MAG7 my ass.
I would agree except that VTI is still 29% MAG7 (27.8% if you exclude Tesla which i'd argue is also overvalued but not because of AI)
If META stops spending money on AI, then all MAG7 will dump too because people are afraid that the other MAG7 will stop spending money on A.I too. Knowing Zuckerberg, he will find a way to keep pumping A.I up.
Exactly this. History provides us with countless precedents for any current market or economic situation. I’ll give some recent examples: Late 2021-mid 2024: rate hiking cycle Predicted outcome: Most analysts thought big tech would falter and housing sector would stagnate. Traditionally tech fared poorly in a high rate environment and homebuyers would balk at high rates. Actual outcome: MAG 7 companies held up well in a high rate environment because they were cash rich, high margin businesses that were integral to our daily lives. The dawn of mass AI frenzy in Q4 2022 only accelerated the growth of these companies and their share prices all while maintaining reasonable P/Es compared to the rest of the market. Home builders and their stocks performed the best they had in two decades because low rates locked in homeowners of exiting housing while home builders could buy down rates while also charging more for their new builds. Many homebuyers were able to use equity in existing homes to purchase new ones or were moving from a HCOL area to a cheaper part of the country because they had a remote job. In addition, many older couples sold their existing homes for 2-3x their original purchase price and were flush with cash to buy any home they wished as long as they weren’t outbid by other all cash buyers desperate to buy up a limited supply of housing. Many people thought this trend would continue with lower rates, but alas AI and tariffs have led to less business investment even though productivity has increased and corporate taxes have been reduced. Trickle down economics has now failed because input costs have increased making the marginal benefit of excess production less appealing as risk outweighs any possible gain. Less taxes usually equals more investment, but higher labor cost and tariffs(taxation) change the equation completely. In addition, most of the country is living paycheck to paycheck, so only a small cohort of the population is worth serving. Corporations and small businesses alike have figured this out and are only catering to wealthier individuals or else slashing their workforces to remain competitive.
It’s never “bad” taking profits. But newer investors take their profits in a bull market, their “expert” analysis doesn’t work out and they buy back into the same stock at a higher price, and then it does pull back and ends up in panic selling. Yea so if you think you can time the market or don’t believe in the stock anymore then sell. If you’re selling just because you believe you can maximize profits and buy the same MAG7 stocks back, that’s a terrible idea and nearly never works for the average investor. I’ve sat in VTI/VXUS for ~14 years and have never sold. Doing pretty well.
Most stocks that are in a bubble are private companies like OpenAI, Anthropic. Ye’s NVIDIA will crash down 60-70% but that’s just another Monday for them. MAG7 all make record profits DESPITE big AI spending. It will no where near be dotcom crash. Maybe Tesla will finally crash but who knows
I remember Cisco and Enron. Had lots of friends in Houston who lost everything because of Enron. Just before Enron exploded my broker called me with the rah rah Local Enron spiel to invest. I said let me talk to husband. My husband who spent a lot of time with these guys said "No way those guys laugh at their own jobs". I told broker no and he was surprised. Nvidia giving OpenAI 100B who buys 100B of cloud from Oracle who buys 100B of chips from NVIDIA is a loud siren. Also this BS we hear every day about how AI is replacing everyone's job yesterday is part of the hype. Boots on the ground - most in my family are engineers or computer science grads. All are at Fortune 500 companies. None are using AI. These are companies we rely on including banking. JPMorgan still runs their system using COBOL. The reports of programmers looking for jobs is true but many companies over hired and laid off ones who didn't have the skills. Have we forgotten all the stories of people with no computer background or 10-week computer bootcamps getting job offers during pandemic. All my family members have Masters or PHD's in their fields and continue to have companies reach out to hire them. AI takes 50,000 parts sourced from all over the world plus lots of energy so yeah it's BS and this week after a nice flight I sold all my MAG7 left. Sold Tesla years ago. Past year I have moved into defensive areas, minerals and overseas markets as well as the Japanese yen. They are the largest creditor nation.
Finally, someone who looks at more than the MAG 7.
NBIS it’s becoming a monster and old just getting started. It will be the MAG 8 stock imo
Agree! Even in DeepSeek selloff day 1-4 after selloff there was generally buying for MAG7: Security Ticker Day 0 Day 1-4 1-Week 1-Month \--------------------------------------------------------------------------- Apple Inc. AAPL +3.18% +2.67% +5.93% +11.01% Meta Platforms META +1.91% +4.44% +6.44% +1.55% Amazon AMZN +0.24% +0.96% +1.21% -9.39% Microsoft MSFT -2.14% -4.49% -6.53% -10.39% Tesla Inc. TSLA -2.32% +1.88% -0.49% -25.53% Alphabet Inc. (Class A) GOOGL -4.20% +6.37% +1.90% -12.38% Nvidia NVDA -16.97% +1.39% -15.81% -11.21%
Even a single MAG 7 worth more than entire countries now
didnt earnings actually accelerate in Q2, since everyone thought tariffs wouldve rkt companies and still almost everyone beat estimates? Like 80% or something of companies? AND MAG7 reporting what, 20%+ EPS growth, despite being gigantic gargantuan companies. So where's the slowdown? Ye, if, *IF* Q3 we see compressing margins, reduced capex, etc etc ok.. but for now? I dont seeit?
If you own a small or mid cap stock that soars, selling half your position is prudent. A MAG 7 stock that grows over years, I am more inclined to let it ride.
Retail investors can use 10% of their allocation to individual stock picks and not ruin their portfolio. I personally wouldn't do it with penny stocks, but 20/20 hindsight the MAG7 stocks had good theses and were reasonable picks.
People been saying the same about tarrifs "we dont truly see the impacts yet!! it'll come next quarter!" for 6+ months now and yet companies keep booking record profits, especially the MAG7 (which makes up a huge portion of indices)
People been saying the same about tarrifs "we dont truly see the impacts yet!! it'll come next quarter!" for 6+ months now and yet companies keep booking record profits, especially the MAG7 (which makes up a huge portion of indices)
I thought I'd missed the boat on Nvidia in 2021. And Amazon. And Facebook. And the whole MAG7.
MAG 7 are retreating, most likely TOP is IN. Sold out GOOG at 246.4 (cost 243.5 and 244.8), kissed it goodbye.
Yeah, and how did that work out for companies like Google, Facebook, Amazon, Netflix . . . People equating the “AI Bubble” today to the dot-com bubble in 1999 are clearly not paying attention, or were not alive back then to see what was actually going on. The market then was rising on vapors of companies with no revenue and no plan to generate any. The market today is rising on the backs of the MAG 7. We may well be in an AI Bubble, but if we are, it has a lot further to inflate. The fact so many here are even talking about a bubble supports that. Those who claim LLMs are not making money are missing the entire point. They are, and will continue to ignite vast productivity gains across all industries. We cannot measure the success of AI through the user-facing apps. Its benefit goes way deeper than that.
Why SPY pump when MAG 7 is dumping
In terms of an overall market downfall? I don't see it tbh, we're far from real ATH due to weakening dollar. There won't be an AI bubble pop like dotcom. What will happen is several of the AI companies gives up and there ends up being an oligopoly between 3-4 overwhelmingly dominant AI companies. So I'd expect an overall sideways movement for people that are holding a general AI ETF and aren't concentrated on a single ticker, but there will be clear winners and losers. The big guaranteed losers are chip manufacturers. All of the AI companies that lose will add a glut of excess computing power back into the market that yield cheaper CAPEX costs. tl;dr MAG7 is probably still good to go. Meta is being absolutely stupid until Zuckertucker figures out how to make a non-garbage version of MetaGlass that gets widespread adoption (needs to partner with a telecom provider and have LTE connectivity.)
You're not an idiot. Demographics is a considerable factor in the output of any economy. Large corporations however manage to diversify geographically and expand in foreign territories, so we'll probably witness an increasing separation between the performance of the MAG7 and your average American company that relies mostly/solely on domestic demand. The value of the dollar and the government's ability to throw money by contracting more debt at people is a bigger concern for all though, because the risk is higher than the slow decrease of the population. I know everyone on here gets upset when they hear this, but right now would be a great time to diversify your portfolio geographically.
Well if you really want to get into options just look up leaps and put them into a MAG7 company. I mean I personally wouldn’t do it now but if you want to try it out I guess. Just take your time and learn more on youtube on how it works.
Fuck sake MSFT. You too!? Useless MAG7 my ass.
Excuse me sir, but MAG7 is the market.
Market down but not the MAG7 When they drop, oh its gonna be red
Buying $TSLA calls feels so dirty. Like yes I'm making money but this company is trash compared to the other MAG6, especially those in the red today lmao.
Rate cuts are going to create millions of jobs and double MAG7 growth. Any poor economic data that further supports these cuts will be considered **BULLISH.** Equities markets are the most common sense structures ever created.
Looking for MAG7 gap up at open
#What's with all the red with pre-market MAG7?
Can the MAG 7 just govern over us, expect TSLA
SPY pumping but MAG7 stuck..
My guess is we will see more and more energy projects developed by MAG7 themselves
So let me get this straight. The entire economy is just NVDA, NBIS, CRWV, and the MAG7 just trading promises of big spending around and around?.... cool cool cool...
Why is AMZN such a piece of shit MAG7 stock
OK, why then? (I don't trade MAG7)
You dont look at the big picture, which is why you’re wrong. 1. Warren buffet literally said “dont take the buffet indicator too seriously” we cant look at only one key-number and indicate anything. 2. Buffet is invested heavily again after he sold last time, and he stepped down, which could be the reason for the sell, so the guy in his place has funds to make a new direction for the company. Also: tech stocks are always traded with high P/E, as tech is “future innovation” and can never be priced correctly as we never know if the new inventions will be used or not, and right now as everyone know, MAG 7 is basically only tech, so ofcourse they will help make the world market cap look too damn high. Because its chronically a “high P/E” industry. If you look at the global market and remove mag 7, you will se a much much much lower number, maybe stop spreading fear. A crash happens only because people thing a crash will happen, its a domino effect, not something that just happens out of nothing.
Na bro you got it all wrong, companies can do whatever they want that’s why their valuation is so high. MAG7 run America and the world right now.
We should have a 100x leverage MAG 7 ETF
Added more AAPL at 253.4; out of MAG 7, the only sure thing is for AAPL to hit ATH.
Past performance doesn’t indicate future success. BABA is a significantly stronger company than FUTU. If you’re investing in US equities, MAG7 is a better bet than say, Reddit. Even if Reddit may have better returns. One is a sure bet.
Stop loss raid on MAG7??? WTF lol
Your company lacks significant market cap, volume, and open interest. I would be interested in the company P/E ratio as well. Think of the stock market as a grocery store. In order for you to move product (your stock) buyers need to be interested in purchase of your items. I know you’ve been to a grocery store with items on the shelf that people don’t ever seem to be interested in that never seem to move off the shelf. In this case is your stock. Don’t get me wrong. There are plenty of buyers in this grocery store—a shitload in fact, but to your detriment, not enough of these buyers are available or interested to buy YOUR item. They are looking for other shit. When writing covered calls stick to very large market cap companies that are highly liquid and have lots of open interest and volume among a few other things. Also a good idea to ensure the bid ask spread is a little tight. In my estimation, you lack basic options trading knowledge to be selling covered calls. Easy fix. It’s a very simple strategy however, stocks selection has to be concrete. It absolutely cannot be a stock that you “like”. Rather conduct proper analysis. Lots and lots and lots and lots and lots and lots of examples on YouTube of traders explaining how to select stocks for cover calls, cash secured puts, and like. If you’re not gonna read a basic options book start watching the videos. Stick to MAG 7 stocks, SPY, QQQ. To get your feet wet. Take your time get the knowledge base that’s required and then get back out there, buddy. There is money to be made, but This is not an overnight thing. The other suggestion I have is to go to Udemy and buy a basic options course. One that is very highly rated and has great reviews. Then read a simple options trading book. Read that shit covered to cover. Then Go back to your videos. Rinse and repeat.
Since market-makers are trying to use least amount of capital to prop up indices, I would stick with MAG 7; because of their heavy weight in the index.
Yep, just buy the dips of any MAG 7 tickers; wait for market-makers' rotation to come; it worked like a charm.
For the past month, Wall Street Market-Makers have been rotating through sectors and MAG 7; in order to prop up the market indices. As long as you're not blind, it's apparently their goal. Maybe you can short individual stock, or specific sector; I just don't understand why you would short the market indices. I have been trading MAG 7, taking advantage of market-makers; so far so good.
You mean MAG7 reaches most expensive valuation dragging the entire stock market up and skewing the analysis of market valuation
I would highly suggest getting out of penny stocks and playing large caps. Pennys were the reason I lost so much in the beginning. I’d rather take option leaps on MAG7 that is at ATH than take a penny stock trading at -70% from ATH. I think the stat is something like 99% of pennys fail
Seems like the rumors of investment money in the video game industry collapsing have a lot of truth to it. And not just AAA, but smaller indie companies as well. Most investment dollars is just going into AI and MAG 7. Seems like more game companies are simply going to be a part of huge multi-industry conglomerates like is often the case in Japan. From my understanding, the big movie and music companies are already at that point.
I felt regarded for my $250 calls at the same expiration. You’ve out done me 😂 Once this stock hits 227-230 I’m out though. Most shit one out of the MAG7
>Until another country can provide a compelling landscape of investable businesses the US will continue to be top dog. If you're not investmenting in MAG 7 stocks there's plenty of stocks outside the US. S&P 500 YTD +12.92% S&P TSX 60 YTD +18.8%
$AMZN is the only MAG7 not green YTD… easily finishes the year $250+
You mean you’ve been investing in the MAG7 for the past 9 years and now think you are Warren Buffet.
Never said they were undervalued compared to the MAG7. It’s not the most obvious play out in the market right now - almost 3-5 months. Google was an automatic buy at those levels.
Their PE is less than $COST and $WMT.. compared to MAG7 they’re wildly under valued
Worst performing MAG 7 stock, surely it has to go up soon. Right guys? Calls on $ROPE
MAG 7 is definitely fairly valued, except GOOGL
Relationship with MAG7 is over!!! INTC and other government selected stocks are best friend now.
Might as well rename the indexes to MAG7 because they keep taking turns keeping the ponzi afloat 🤗
AAPL is gonna be the last man standing in MAG7 cause they didn’t invest their entire cash reserve into ai bullshit lmfao
MAG 2 stocks holding the entire Nasdaq
I’ve literally never seen every single stock in each of my four watch lists, including MAG 7, all be red in unison
Added more AMZN at 220, it could be the only green MAG7 for today.
If it weren’t for the MAG7 circle jerk, we’d be in a deep recession.
Not a far reach if you look at the market. S&P was being carried by MAG 7 and tech/AI stocks, the market was already slowing down... Now tech is losing steam, could lead to a big sell off. Besides, a pullback is not the same thing as a bear market...