Wednesday, May 1, 2024

An Update on the Magnificent Seven

Shield

AN OXFORD CLUB PUBLICATION

Liberty Through Wealth

View in browser

SPONSORED

Why This World-Renowned Income Expert Is Quitting the Stock Market

2022 was the worst year for the market since 2008. And - unfortunately - the pain isn't going to end anytime soon.

Fortune magazine analysts are warning that a recession is coming for most developed nations in 2024.

Sure, the market could bounce back tomorrow... but Chief Income Strategist Marc Lichtenfeld isn't willing to risk it.

So if you can't afford to lose money right now, you need an alternative.

It's time to quit the stock market.

THE SHORTEST WAY TO A RICH LIFE

Checking in on the Magnificent Seven

Matt Benjamin, Senior Markets Expert, The Oxford Club

Matt Benjamin

Are "the Seven" still magnificent?

Back in January, I wrote about the so-called "Magnificent Seven": megacap technology companies with share prices that have soared in recent years.

These are chipmaker Nvidia (Nasdaq: NVDA), software giant Microsoft (Nasdaq: MSFT), online retailer Amazon (Nasdaq: AMZN), Google parent company Alphabet (Nasdaq: GOOG), laptop and mobile phone behemoth Apple (Nasdaq: AAPL), Facebook parent company Meta Platforms (Nasdaq: META) and carmaker Tesla (Nasdaq: TSLA).

Individually. these seven companies are important because each of them offers new technologies and innovations that have the power to alter our society and raise our standards of living. They are putting the newest technologies - ranging from artificial intelligence (AI) to cloud computing to the Internet of Things and driverless automation - to work in the products and services they offer.

Collectively, they're also important because they have powered this bull market to many new all-time highs over the past year and a half.

That makes it very worthwhile to periodically check in on how these companies and their stocks are faring in thisvolatile market. Because if they falter, it's a pretty good indication that this bull market will also stumble.

Here's how the stocks have fared year-to-date versus the S&P 500...

Discover the Data Here
2024 Private Wealth Seminar at the Wequassett Resort & Golf Club in Harwich, Massachusetts on October 7-8, 2024
 

BUILD AND PROTECT YOUR WEALTH

SPONSORED

🎯 Unleash Your Profit Potential - With Just ONE Ticker Symbol 🎯

The man who turned $37,000 into an astounding $2.7 million in four years is finally sharing his latest discovery.

Introducing... "One Ticker Payouts."

Say goodbye to searching through 8,252 stocks... because just one ticker is all you need.

Here's why... Our research shows this strategy could've handed investors astonishing top gains like 543% in nine days...

And even a rare 2,614% in just 10 days! So don't wait...

Click here to discover the simplest (and potentially most lucrative!) investment strategy on Earth.💰

SPONSORED

JOLTS OVERNIGHT TRADE DEMONSTRATION

115% Average Gain
 

Every Time the Government Releases Jobs Data... Make This Trade the Night Before!

(Target up to 253%... 327%... Even 383% gains... OVERNIGHT!)

Next JOLTS Trade Tuesday, May 7 at 2 pm!

No comments:

Post a Comment

The Best 10 AI Stocks to Own Now

Discover little-known stocks poised to break out this year. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ...