Magnificent Seven

“So it's really good for the magnificent seven. I think it's really bad for everything else. And we're going to be in a holding pattern for awhile.”

“The whole stock market this year is being held up by seven stocks. The so-called Magnificent Seven is the top seven tech names in the S&P. If you look at the overall S&P. Excluding those names, it's flat for the year.”

“I think that the S and P four, 93 had a 12% gain this year, which isn't bad, but it was dwarfed by the mean interest in seven, which was almost 80%.”

“I would bet against the magnificent seven just because I believe that what goes up must come down, and the hotter they are, the harder they fall. I'm not saying that the magnificent seven are actually going to go down. I'm just saying that the S&P four 93 Are …”

“I don't know what the percentage drawdown from here will be, but I think when we look back, the absolute dollar drawdown of the mag seven will be in the trillions of dollars.”

“To me, it's a little bit like the end of the Mac seven.”

“60, 70% of all S&P 500 gains are happening in the Magnificent Seven.”