US - Market Strategy 03 (Jan 24 - Dec 26)

[behappyalways]

So far in 2025, Mag 7 are lagging behind quite a bit with an averaged gain of just 1%.
https://x.com/Mayhem4Markets/status/1893660570659766459

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

CME Group (CME)... derivatives
HSBC (HSBC)... British bank
Automatic Data Processing (ADP)... payroll giant
Axis Capital (AXS)... insurance
Brown & Brown (BRO)... insurance
Progressive (PGR)... property and casualty insurance
Berkshire Hathaway (BRK-B)... Warren Buffett's holding company
Welltower (WELL)... health care REIT
Abbott Laboratories (ABT)... health care giant
AT&T (T)... telecom
Gilead Sciences (GILD)... biotechnology
Yum Brands (YUM)... fast-food brands
O'Reilly Automotive (ORLY)... auto parts
UGI (UGI)... utilities

NEW LOWS OF NOTE LAST WEEK

The Trade Desk (TTD)... digital advertising
American Eagle Outfitters (AEO)... apparel
Terex (TEX)... manufacturing
Advanced Micro Devices (AMD)... semiconductors
Booz Allen Hamilton (BAH)... defense contractor
First Solar (FSLR)... solar energy

Source: Daily Wealth

[winston]

Should You Buy or Sell the Magnificent 7 Stocks Right Now?

by Omor Ibne Ehsan

Source: Money Morning

https://tradesoftheday.com/2025/03/05/s ... right-now/

[behappyalways]

February was an unforgiving month for many large tech companies, with $TSLA down 24.7%, $GOOGL down 12.66%, $AMZN down 10.46% and $MSFT down 10.25%.
https://x.com/Mayhem4Markets/status/1896563846841803232

[behappyalways]

Year-to-date, the Magnificant 7 stocks have accounted for nearly the entire downturn in the Nasdaq 100 (NDX).
https://x.com/biancoresearch/status/1898013460153160012

[winston]

HIGHS AND LOWS

NEW HIGHS OF NOTE LAST WEEK

Bristol-Myers Squib (BMY)... pharmaceuticals
Gilead Sciences (GILD)... biotechnology
Nokia (NOK)... networking tech
Verizon Communications (VZ)... telecom
Kroger (KR)... groceries
BJ's Wholesale Club (BJ)... membership-only stores
AutoZone (AZO)... auto parts
McDonald's (MCD)... fast food
Yum Brands (YUM)... fast-food brands
Alamos Gold (AGI)... gold

NEW LOWS OF NOTE LAST WEEK

T. Rowe Price (TROW)... asset management
Etsy (ETSY)... online marketplace
The Trade Desk (TTD)... digital advertising
Caesars Entertainment (CZR)... gambling
MGM Resorts (MGM)... gambling
Target (TGT)... big-box retailer
Advance Auto Parts (AAP)... auto parts
Amkor Technology (AMKR)... semiconductors

Source: Daily Wealth

[winston]

13 basic things I just do not like about the market right now

by Brian Sozzi.

1. The defensive trade — see healthcare and staples — continues to outperform.

2. The crypto sell-off continues, and the asset class is no longer viewed as a relatively safe haven.

3. Markets continue to sell off on tariff headlines — suggesting the issue is not priced in yet.

4. The dips are not being bought with any degree of confidence.

5. Financial warnings have surfaced because of growth concerns (see airlines).

6. Investors are hammering companies that warn, suggesting they have been too sanguine.

7. Dysfunctional government is a risk, which Sen. Ted Cruz reminded me of in a chat.

8. CEOs are beginning to articulate worse scenarios to investors due to government policy changes after not doing so late in 2024.

9. Investors still aren't fearful enough. (The conversations I had with the CEOs of Edward Jones and Charles Schwab (SCHW) reminded me of that this week.)

10. Recession calls are startling markets.

11. There are increasing signs of economic weakness in less-mainstream economic reports.

12. There are no table-pounding sell-side calls on the "Magnificent Seven" stocks in the face of major sell-offs.

13. Price target cuts have been trickling in on widely held names (see Morgan Stanley this week on Apple (AAPL)

Source: Yahoo Finance

[behappyalways]

This is a hell of a start to a presidential term. Markets are selling off as uncertainty rises about the economy and policy. It almost seems like every time they want to bottom that the clown show in DC intensifies even more.
https://x.com/Mayhem4Markets/status/1901617361397899479

[behappyalways]

Mag 7 P/E is sitting at a 2-year low right now
https://x.com/CheddarFlow/status/1902056983680749997

[behappyalways]

Wow. Hedge funds have been dumping US exposure to buy Europe hand over fist this year, per Goldman.
https://x.com/Mayhem4Markets/status/1903785052732854287