Hedge fund short positions point to the end of Magnificent 7 era
Investment strategy may be on the verge of a major shift.
For weeks, many of the market’s top tech stocks have mostly trended downward with only marginal momentum. Nvidia (NVDA) is in danger of falling below $100 per share, and Tesla TSLA will be back below $250.
This has been due to a mix of factors, but negative market momentum caused by speculation seems to be at its core. The tariffs imposed by the Trump administration have generated significant uncertainty, and since more tariffs are on the horizon, this trend looks poised to continue.
