Summary
- After their ceaseless rally, semiconductors and Mag 7s are pulling back, imposing a stop in stock market euphoria.
- Feeling the pressure of the spike in yields, the Warsh Trade could prove more dangerous for overextended, tech-heavy stock markets.
- Exploring Technical Levels for the Dow Jones, Nasdaq, and S&P 500.
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By Elior Manier
Stock markets have surged since the peak of the US-Iran conflict, but this strong trend is finally starting to slow down. After weeks of pushing the market higher, semiconductor giants and the Magnificent 7 are
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