MarketWatch
Magnificent Seven slump sent momentum stocks to their fourth worst performance in 22 years. Here’s what happens 70% of the time.
Monday, June 29, 2026
The S&P 500 underperformed its equally weighted counterpart by 350 basis points last week. This marked the fourth worst performance for momentum stocks in 22 years, according to market data. Historical analysis indicates that similar market conditions have been followed by specific outcomes approximately 70 percent of the time in past occurrences.