The stock market has a long-term upward trend, a fact as old as the market itself. When you zoom out on any major index, this becomes evident. Despite recent volatility or steep declines, these downturns are relatively minor in the broader context, provided you have the time to ride them out. In reality, such periods present excellent buying opportunities, particularly for high-quality tech stocks that were previously overpriced. So far this year, the S&P 500 SPX has dropped by approximately 5.9%, while the Roundhill Magnificent Seven ETF MAGS has fallen by around 15.9%. This situation allows tech investors to capitalize on the downturn.
— new from MarketWatch
