Is It Time To SELL Your MAG 7 Stocks?
Mary Ellen McGonagle, author MEM Edge Report, reviews the sharp rotation that took place in the markets after inflation data came in below estimates. She also highlights new areas of possible leadership as interest rates decline. Most importantly, she shares the best way to uncover leadership names that are in new uptrends.👀 See what better financial charting can do for you!
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00:00 - Welcome!
00:56 - Headline News: INFLATION DATA!
01:47 - S&P 500 ($SPX), S&P Equal Weight ($SPXEW)
03:38 - Real Estate Sector (XLRE), Financials (XLF), Utilities (xlu)
05:30 - Industrials (XLI), Health Care (XLV), Communications (XLC)
06:55 - Biotch ETF (IBB), Russell 2000 (IWM), S&P Retail ETF (XRT)
08:50 - Homebuilders (XHB), Software ETF (IGV), ServiceNow (NOW)
10:45 - 10-Year Yield ($TNX), Semiconductor ETF (SOXX), Technology Sector (XLK)
12:39 - Intercontinental Exchange (ICE), Ford (F), Prologis (PLD)
16:04 - Meta Platforms (META), Chipotle (CMG)
17:49 - Nasdaq 100 Members: Amgen (AMGN), Regeneron (REGN)
20:40 - 3M (MMM), LendingTree (TREE)
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