Even though fewer stocks are moving up in March, the big indexes like the S&P 500 and the Nasdaq have not fallen a lot. This happens because a small group of huge growth companies is leading the market.
These seven companies, often called the “Magnificent 7,” are compared to different versions of the S&P 500, bonds, gold, and even cryptocurrency. The charts show that the market’s direction still depends on how these few stocks perform.
Each of the seven stocks has a price level where the risk of a drop rises. If any of them fall through that level, it could pull the whole index down.
You can build the same performance charts on StockCharts and set price alerts. Watching those alerts helps investors stay calm and follow a plan when the market reaches a critical point.
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