The Mag 7 Hit A Critical Level

Core Insights - The current market rotation has led to a sell-off in big tech stocks, resulting in a decline in the ratio of the Magnificent Seven stocks to the broader market [1] - The average stock in the S&P 500 has been affected by this market shift, indicating a broader trend impacting technology stocks [1] Company and Industry Analysis - The article emphasizes the importance of risk management and position sizing over mere security selection in investment strategies [1] - It highlights the author's long positions in major tech companies such as Microsoft (MSFT), Google (GOOGL), and Amazon (AMZN), suggesting confidence in these stocks despite current market conditions [1]