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@ZEROHEROοΌ$Amazon.com(AMZN)$ Mag7 Valuations: The rise in interest rates during the first seven months of 2023 should have punished growth stocks, yet technology β and especially artificial intelligence (AI) themes β have been the major winners in 2023, according to the BofA research. So is the tech sector, and what is now becoming known as the Mag7 stocks, entering bubble territory? Letβs take a closer look at how those Mag7 stocks have performed over the year: Nvidia (NASDAQ:NVDA) is up 219% to date Apple (NASDAQ:AAPL) is up 49% Amazon (NASDAQ:AMZN) is up 74% Alphabet (NASDAQ:GOOGL) is up 51% Meta Platforms (NASDAQ:META) is up 170% Microsoft (NASDAQ:MSFT) is up 55% Tesla (NASDAQ:TLSA) is up 95% β οΈ Trading tips: looking at AMZN calls above 148.57 and puts under 147 after Fed chair announcement on Wednesday after 2:30pm. Do we continue the consolidation with Jerome or have to wait until Santa comes to the rescue? Please click Like π, Comment π¬ & Repost π this article found at the bottom of your screen. Follow me for the latest news, trading ideas & strategies to ride the market daily with profits! @CaptainTiger @MillionaireTiger @TigerStars @Daily_Discussion @Aqa @Andreana @koolgal @KylerLee
$Amazon.com(AMZN)$ Mag7 Valuations: The rise in interest rates during the first seven months of 2023 should have punished growth stocks, yet technology β and especially artificial intelligence (AI) themes β have been the major winners in 2023, according to the BofA research. So is the tech sector, and what is now becoming known as the Mag7 stocks, entering bubble territory? Letβs take a closer look at how those Mag7 stocks have performed over the year: Nvidia (NASDAQ:NVDA) is up 219% to date Apple (NASDAQ:AAPL) is up 49% Amazon (NASDAQ:AMZN) is up 74% Alphabet (NASDAQ:GOOGL) is up 51% Meta Platforms (NASDAQ:META) is up 170% Microsoft (NASDAQ:MSFT) is up 55% Tesla (NASDAQ:TLSA) is up 95% β οΈ Trading tips: looking at AMZN calls above 148.57 and puts under 147 after Fed chair announcement on Wednesday after 2:30pm. Do we continue the consolidation with Jerome or have to wait until Santa comes to the rescue? Please click Like π, Comment π¬ & Repost π this article found at the bottom of your screen. Follow me for the latest news, trading ideas & strategies to ride the market daily with profits! @CaptainTiger @MillionaireTiger @TigerStars @Daily_Discussion @Aqa @Andreana @koolgal @KylerLeeDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.