Mag 7 Hit Hard: Plan Dip Buying Amid Corrections?
@Tiger_comments:
Yesterday, $NASDAQ(.IXIC)$ fell by 1.95%; and $S&P 500(.SPX)$ dropped by 0.88%; $DJIA(.DJI)$ rose by 0.08%. The market finally experienced the anticipated/worrisome pullback. Magnificent 7 hit hard. $Tesla Motors(TSLA)$ announced that the release of their Robotaxi will be delayed, plunging 8.44%.Jim Covello, Head of Equity Research at Goldman Sachs, pointed out that the current AI bubble might be more severe than the internet bubble. $NVIDIA Corp(NVDA)$’s decline led to a drop in the semiconductor sector, with $Direxion Daily Semicond