With a still-premium valuation, a correction notwithstanding, key events on tap for the Mag 7, and bullish seasonals to weigh, VUG’s technical situation is cautionary, in my view. Notice in the ...
The concentration of these Mag 7 stocks—now one-third of the U.S. market—gets talked about a lot because one-half of the S&P 500’s climb over the past two years can be attributed to them.