They’re moving totally differently now.
Nvidia + Alphabet feel like the only real AI winners right now. Tesla is basically trading on stories, not car numbers. Apple is behaving more like a safe stock than a tech growth name. Meta/Amazon/Microsoft are burning insane money just to keep up in AI.
So calling them “one trade” just feels outdated now.
Some are beating the index, some are lagging, some are just drifting, and yet everyone still talks about them like they’re one single thing.
Not trying to be super technical here. Just wanted to see if others are noticing the same thing or if I’m overthinking it.
Do you guys still treat Mag 7 as one group or are you looking at them separately now?