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Reign of the Magnificent 7 Over?
This week, in this [Reign of the Magnificent 7 Over?] video , our theme is all about exploring the [Reign of the Magnificent 7] and its impact on the trading world. In this [Reign of the Magnificent 7 Over?] video , we will be looking at the potential opportunities to make money and how the Magnificent 7 is shaping up.
Firstly, we will be discussing an ETF that we have included in our Google sheet in the research tab. We will also be looking at it on Finviz. You can easily search for the Magnificent 7 with the ticker symbol 'MAGS'. This is a long position on the Magnificent 7 and as you can see, the price is still pretty high. You can also check out the risk-reward profile for MAGS in the research tab of our ETF's Google sheet. Additionally, we will provide a link to the chart on Finviz.
Moving on, we will also take a look at the FANGU stocks (Facebook, Amazon, Netflix, Google, and Apple) and their performance. Recently, the FNGU made a new all-time high and then experienced a quick correction. Currently, it is below its short-term moving average and has significant room to fall to its longer-term moving average.
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CHAPTERS
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00:00 - Reign of the Magnificent 7 Over
13:28 - BeachBum Trading Sites
14:16 - Discord Invite
TRADING PLATFORMS
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✅ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! https://bit.ly/3zP6rvB
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RELATED VIDEOS
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Reign of the Magnificent 7 Over? | [Weekly Trading Game Plan] 7/22 – 7/26/24 | Part 1 https://youtube.com/live/8Bx-EqZokoc
Magnificent Seven Momentum Continues https://youtu.be/A689EsK9L2o
MAGS | Roundhill Magnificent Seven ETF | Quick Take https://youtu.be/w_zisftSXS8
Best Leveraged Inverse ETF to Short the FANG Stocks? | BERZ | FNGD | Quick Take https://youtu.be/BlDclve9wZI
FEPI | REX FANG & Innovation Equity Premium Income ETF | Quick Take https://youtu.be/iOV9l08ZqNA
How To Make Money Trading Single Stock ETFs | GraniteShares ETFs https://youtu.be/GR9XZxZmfX4
Is NVDD a Good ETF to use to Short Nvidia (NVDA)? | Quick Take https://youtube.com/shorts/GzK53isNtnU
#Magnificent7 #mag7 #magnificentseven
REFERENCES
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Weekly Trading Game Plan Notes for 7/22 – 7/26/24 - Part 1 https://docs.google.com/document/d/1LisG6EWVa3t2_4Sm1bq0iARloRjTvg6vJ1M-e7T0psk/edit?usp=sharing
BeachBum Trading on Social Media
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BeachBum Trading's Home Page
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BeachBum Trading Community Discord Server
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