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Where The "Magnificent 7" Tech Stocks Are Taking The Market Next

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The broadening out of the rally that we had been seeing in the very-late summer and early-fall has faded. The tech stocks (and the "Magnificent 7" names in particular) have taken over as the key leadership group once again.

Last week’s relatively positive earnings were not enough to help the group to rally. Instead, it declined, and the stock market followed it lower. This group now stands at a key technical juncture, so its next compelling move is going to be crucial for the markets.

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