The Weekend Edition - The fundamentals of the Magnificent Seven
Friday 3rd May 2024
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They dominated the global share market last year and many have enjoyed tremendous growth so far this year, with NVIDIA as the clear outperformer. Whilst there\u2019s a been a bit of an adjustment lately, Katie Stockton, founder of Fairlead Strategies in Connecticut, says there\u2019s still plenty of momentum and their own analysis points to prices pushing higher. Katie\u2019s approach is to build a portfolio based on technicals. \u201cI do read macro strategists work\u201d, she says in this weekend\u2019s podcast, \u201dbut it won\u2019t drive our decision making process\u201d. In other words, any macro development will be reflected in the indicators they follow at some point. And those technicals are painting a positive picture for most of the big tech stocks right now.
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