Workflow
200 - day simple moving averages (SMA)
icon
Search documents
3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
MarketBeat· 2025-03-03 16:15
U.S. stocks turned sharply lower over the previous weeks, weighed down by economic concerns and a shifting sentiment landscape. Fears that President Trump’s tariffs could negatively impact the world’s largest economy further accelerated the selloff, pushing U.S. equities into the red year-to-date (YTD). However, a late Friday rally pared losses, with the benchmark SPY ETF closing the week up 1.38% YTD. Despite the bounce, equities remain under pressure, reflecting a cautious, risk-off stance as investors gr ...