- Market Twists & Turns by BraVoCycles Newsletter
- Posts
- Magnificent 7 Series
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MSFT- Microsoft Corp.
MSFT is another large-cap tech stock that was pushing the stock market up while most stocks were lagging.
· The cycle composite from the daily chart turned down simultaneously with the price. It points to a further weakness in MSFT.
· If most of Magnificent 7, and we will examine others as well, will exhibit weakness next several months, can the stock market be strong?
· Anything is possible, but I doubt it.
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