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Home > TechCheck > Retail Investors Crowd into the Magnificent 7 6/20/24
Podcast: TechCheck
Episode:

Retail Investors Crowd into the Magnificent 7 6/20/24
Category: Technology
Duration: 00:05:17
Publish Date: 2024-06-20 18:44:50
Description:

Retail investors have been crowding into a few pockets of big tech, including the Mag 7, Nvidia, and riskier, turbo-charged Nvidia plays through long-leveraged semiconductor ETFs like NVDL and SOXL, according to new data from Vanda. So far, this narrow strategy has been working, with retail outperforming the S&P, but there is risk in being so indexed to big tech and the AI story, and could add to volatility in these names. 
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