Tag: mag7
Aug
07
The Magnificent Seven continues to drive US stocks higher
The S&P 500’s pullback after disappointing US employment statistics allowed investors to switch into the buy-the-dip mode. The FOMO strategy continues to dominate the stock market. Major players doubt whether the broad stock index can continue its rally amid the economic slowdown. The crowd is taking advantage of their sluggishness and increasing their long positions. […]