Nasdaq entering a correction is not unusual after a strong AI-led rally. The key question is whether this is a valuation reset or the start of a macro bear trend. Right now it looks more like a correction than a full bear market, but volatility will likely stay high.
For Mag 7 dip buying, I would focus on MSFT, NVDA, GOOGL, AMZN first. These are tied to AI, cloud, and infrastructure with strong earnings. META is mid-tier. AAPL and TSLA are more cyclical and may drop more if the economy slows.
I would not go all-in yet. Better approach:
Keep some cash
Buy in stages
Add more if market drops further
Avoid chasing rebounds
This is probably a buy-the-dip market, but slowly, not aggressively.
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