An ETF that tracks the Mag7, $MAGS, registered its largest inflow since inception last Friday,
gathering +$157mm (~8% of current AUM), pushing December inflows to +$800mm (~41% of current AUM) Source: GS, zerohedge
Not the Magnificent 7, but 2024 was the year of BATMMAAN! 🦇
BATMMAAN: +70% YTD Mag 7: +65% YTD S&P 500: +27% YTD Source: Wall St Engine,@wallstengine
BREAKING: There is now a 77% chance of at least one Magnificent 7 company buying Bitcoin in 2025.
The odds of a Magnificent 7 company buying Bitcoin before 2026 have jumped from 49% to 77%, according to @Kalshi .This comes as Michael Saylor has called on Microsoft, $MSFT, and other technology giants to buy Bitcoin. Prediction markets see more Bitcoin adoption ahead. Source: The Kobeissi Letter
The Magnificent 7 has brought almost $2 Trillion of combined revenue over the last year up from $445 Billion a decade ago.
Source: Evan @StockMKTNewz, Finchat
Why the S&P is up past two weeks
Source: Nomura thru zerohedge
Historical asset bubble summary from BofA, including the current Mag7 frothiness.
”History shows only central banks end melt-ups”… Source: BofA, Wasteland Capital
With their massive market caps and impressive price appreciation, the Magnificent7 stocks have played a crucial role in driving the S&P 500 index’s performance.
Without them, S&P 500 returns since December 2022 would be much closer to average, still good, mind you, but more average. 🤣 @ISABELNET_SA thru Lance Roberts on X
🏇 The race to $4 Trillion...
Apple $AAPL $3,369,000,000,000 NVIDIA $NVDA $3,320,000,000,000 Microsoft $MSFT $3,051,000,000,000 Who will be the first to hit $4 trillion market cap? Source: Trendspider
