3/29/2026 The MAG7 Investors Market Update

We have an articles section filled with free financial education. Click here to gain accessSpread the Wealth: Join our referral program and earn a free year with Retire By Investing! Share your unique referral link or use the ‘Share’ button on any post to invite friends. Here’s what you can earn:* 5 Referrals: Get a 1-month complimentary subscription ($20 Value)* 10 Referrals: Enjoy a 3-month complimentary subscription ($60 Value)* 15 Referrals: Secure a 12-month complimentary subscription ($200 Value)What’s New:*** If you’re new please read our Ground Rules. Thank you. ***Magnificent Seven TrackerThe Magnificent Seven ETF is in bear market territory and on the verge of a death cross, which is expected to trigger significant cascade selling across the group. This weakness is likely to put heavy downward pressure on the broader SPY and QQQ indexes as well.LaggardsNVIDIA (NVDA), Amazon (AMZN), Meta (META), Microsoft (MSFT), Tesla (TSLA), and Google (GOOG) are showing clear signs of weakness. Most have broken or are breaking key moving averages, forming bear flags or reversal patterns, with several approaching or already in death cross setups. Apple (AAPL) currently appears as one of the stronger names in the group. It has closed below its 200-day moving average but shows relative strength compared to the others, with multiple moving averages clustered together. Positive news around AI and CapEx spending positions it well for potential outperformance if the broader market turns higher.NVDANVIDIA has been rejected at previous highs, bounced off the 200 SMA, failed at the 50 SMA, and is now cascading lower. Potential support levels include the 130s–140s area and a deeper gap fill down to 119.MSFTMicrosoft has broken below its 200-week moving average on the weekly chart — a rare event not seen since the dot-com era or the Global Financial Crisis. This breakdown raises questions about how far the decline could extend if support fails, though the long-term investment thesis around AI infrastructure remains intact.TSLATesla is approaching a bear trend on the daily chart and is nearing its prior breakout level, which could act as near-term support. If it holds and rebounds, it would be a positive sign. A breakdown below that level could lead to a larger move on the monthly chart, though it might still form a higher low in the longer term.METAMeta has reversed sharply. Potential downside targets include the 480s, 440s, and a full gap fill down to the 407s, where prior breakout and retest levels could provide support. The current trend is not favorable for new buying.AMZNAmazon is in a clear bear flag pattern and has formed a death cross. Potential support lies in the 160s–170s area. The stock is expected to see rallies into declining moving averages before potentially continuing lower until a higher low is established.GOOGGoogle (Alphabet) was previously one of the strongest Magnificent Seven stocks but now needs consolidation. Likely support levels are in the 250s, with further downside possible to the 210s or even 186 if that level fails.AAPLApple remains relatively resilient despite closing below the 200 SMA. It has the potential to break out to the upside if the market recovers, aided by its positioning in AI and recent CapEx developments.What’s Actionable For YouCurrently, there is very little actionable setup across META, MSFT, NVDA, AAPL, GOOG, AMZN, or TSLA. The group is in a broad selling phase, and most names are best observed from the sidelines until clear higher lows form and broader market indexes show sustained strength. Potential support zones exist for each stock, but confirmation of stabilization is required before any meaningful re-entry. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit retirebyinvesting.substack.com/subscribe