I wish I knew. The DOW is at all time highs and SPY is a few points from doing the same. But I see so many stocks that are still beaten to death, outside of the Magnificent Seven.
yeah i’m not touching the magnificent 7. There is too much value elsewhere. I read somewhere that there were margin calls for a lot of long/short hedgefunds today and that led to selling of the mag 7 to meet the margin call.
I like gold mining stocks here for a lot of reasons. I also like the medical device stocks that got beaten down because of the new weight loss drugs. The telecoms are also on my radar.