What Will Happen To The Market If Tech Cracks, Corrects Or Crashes?

Wall Street is shifting focus from the former “Mag 7” to a weaker “Lag 7,” signaling deteriorating leadership in large-cap equities. At the same time, the SMH semiconductor sector—recently the market’s key bull-market engine—shows “ominous signs of weakness,” which could dampen upside momentum for growth tech exposure.

Analysis

Wall Street is shifting focus from the former “Mag 7” to a weaker “Lag 7,” signaling deteriorating leadership in large-cap equities. At the same time, the SMH semiconductor sector—recently the market’s key bull-market engine—shows “ominous signs of weakness,” which could dampen upside momentum for growth tech exposure.