Everyone's dumping Mag 7 exposure right now.
But here's the pattern: every previous trough in positioning like this marked a significant bottom in those names.
So either this time is actually different, or we're setting up for another reversal that'll catch people offsides.
I don't play public markets momentum games anymore, but the psychology is worth watching — when everyone's positioned the same way, the setup gets interesting.
But here's the pattern: every previous trough in positioning like this marked a significant bottom in those names.
So either this time is actually different, or we're setting up for another reversal that'll catch people offsides.
I don't play public markets momentum games anymore, but the psychology is worth watching — when everyone's positioned the same way, the setup gets interesting.