ilmscore | Prediction Details
"There is a good chance we see a legit correction as money rotates out of big Tech into the rest of the market it's going to feel like a crash though for anyone in those mag 7 stocks which could fall much further than that simple 10% correction"
By Let's Talk Money! with Joseph Hogue, CFA | July 29, 2024 | Pending
From video
Why Stocks Crashed and Exactly How to Invest Now 2024 00:03:37 - 00:03:50
Interpreted Prediction
A 'legit correction' (10% or more) for the S&P 500 is likely due to money rotating out of Big Tech, with Magnificent Seven stocks (Tesla, Nvidia, Apple, Microsoft, Meta, Alphabet, Amazon) potentially falling much further than 10%.

Prediction Details

Topic
Stock Market, S&P 500, Magnificent Seven

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