Could Buying This Magnificent Seven ETF Today Set You Up for Life?
Key takeaways
- NVDA ^GSPC There is no trend that has impacted the markets and economy more this century than the rise of the technology sector.
- According to research from The Motley Fool, the Magnificent Seven stocks make up about 33% of the S&P 500 index's entire market cap.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
NVDA ^GSPC There is no trend that has impacted the markets and economy more this century than the rise of the technology sector. Double-clicking on this thought, it's clear that there have been a very small number of companies leading the charge as our internet-driven society becomes more digitally native.
According to research from The Motley Fool, the Magnificent Seven stocks make up about 33% of the S&P 500 index's entire market cap. These businesses have a tremendous impact on the overall market's performance.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »