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Business & Finance

Magnificent Seven slump sent momentum stocks to their fourth worst performance in 22 years. Here’s what happens 70% of the time.

Magnificent Seven slump sent momentum stocks to their fourth worst performance in 22 years. Here’s what happens 70% of the time.
Key Points

The S&P 500 underperformed its equally weighted counterpart by 350 basis points last week

The S&P 500 underperformed its equally weighted counterpart by 350 basis points last week [Image text:] IKOVAL OVAL PRODUCES ORLD-CLASS SPIRITS citi
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