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Strategies & Market Trends : News Links and Chart Links
SPXL 229.90+0.2%Oct 29 4:00 PM EDT

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To: Les H who wrote (29537)10/1/2025 7:02:44 AM
From: Les H  Read Replies (1) of 29590
 
Are the Mag 7 Just the New Railroads?
History suggests dominance never lasts—yet could today’s tech titans be different?

Stephen Clapham

Sep 28, 2025
·
behindthebalancesheet.substack.com

Technology weighting is higher than it appears in his chart since the S&P changed many of the MAG7 stocks to other sectors. Amazon is now consumer discretionary as in retail. Google is communications services.
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