Google is cited as an example of a more solid 'Magnificent 7' company whose stock experiences less dramatic sell-offs during market downturns.
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MARKETS ARE CRASHING & I BOUGHT THE DIP...
Jun 9, 2026
The creator discusses the current market downturn, noting a significant drop in the US stock market and the NASDAQ's bearish trend. He attributes the sell-off to a shift in sentiment regarding Federal Reserve interest rate policy, with expectations now leaning towards a rate hike rather than a cut. While acknowledging the oversold conditions and potential for a bounce, he highlights the risk to speculative stocks if support levels break.
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Meta is mentioned as a more solid company within the 'Magnificent 7' that sells off less dramatically than speculative assets during market downturns.
Tesla is down 5% on the day and is considered the least qualified member of the 'Magnificent 7' due to its speculative nature.
Dell is reported to be down 10% on the day, indicating significant weakness in the stock amidst the market crash.
SanDisk is mentioned as being down 5% on the day, highlighting the impact of the market downturn on tech stocks.
Micron is noted to be down 10% on the day, reflecting the broader market sell-off and risk to speculative tech stocks.
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