May. 23 at 7:45 PM
Magnificent 7 year-to-date performance check
A clear divergence is forming across mega-cap tech, with rotation and dispersion driving very different outcomes:
$GOOGL +22.3% (search + AI monetization strength leading the pack)
$NVDA +15.5% (AI infrastructure dominance still intact)
$AMZN +15.4% (cloud + retail + AI integration steady growth)
$AAPL +13.6% (defensive growth with stable cash flows)
$TSLA -5.3% (volatility + sentiment compression)
META -7.6% (ad cycle + AI spend skepticism swings)
MSFT -13.4% (valuation reset + rotation pressure)
Leadership is no longer unified ,the Mag 7 is trading like a dispersion index, not a single trend trade anymore
And historically… when dispersion peaks, rotation opportunities tend to accelerate