Market leaders are quickly left behind – that is what investors have seen lately, provided that people look below the surface of the daily market promotion.
Some pros warn that it could send a negative sign in the short term for the wider market, which has to do with new concerns, ranging from rates to the possibility of no rate reductions from the Federal Reserve this year.
Many of the best performing shares on the Markt fell meaningfully last week, 22V research strategist Jeff Jacobson pointed to a customer nut on Monday. It is not only that many of the leaders no longer go up or surpass, said Jacobson. In various cases, the shares that had broken out ended to the advantage of the income last week below where they trends before the results were announced.
Two examples based on Jacobson’s work are Robinhood (Hood) and Draftkings (DKNG) – The first has lost 16% in the last five sessions, while the latter has dropped 25%.
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Hood DKNG
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Other leaders under pressure are JPMorgan (JPM), Goldman Sachs (GS) and Palantir (PLTR). All three shares have left the modest profit of the S&P 500s (^GSPC) in the last five sessions. Palantir has lost the most, with a dive of 22% in the midst of increased concerns about the sale of insider shares.
Interestingly, after a stunning 20-day win, Meta (Meta) saw his worst week since July, with a decrease of 7.2%. The stock fell every day last week and continued to glide today.
From 12:36:38 est. Market open.
Meta JPM Mold
Jacobson said that the promotion is an ‘incredible reversal of fortune’.
“If the largest, best -performing ones have lost their market leadership for now, it can be difficult for the indices to make new meaningful highlights in the short term,” Jacobson wrote.
He added: “Moreover, constant weakness in the names that had lifted the market to new highlights could lead to some further short -term pain at the index level.”
“This negative price action also comes on a seasonal weak period for the market and before various potentially important catalysts”, including NVIDIA profit, the job report of February, important inflation reports and a FED policy decision, Jacobson wrote. “The market will also have to do with a potential government deadline on 3/14 and the impending tariffadlines for products from Canada and Mexico that were pushed back from the beginning of February to March.”
The real leaders of the bull market also continue to perform weakly.
The “Magnificent Seven” Trade of Meta (Meta), Amazon (Amzn), Google (Google), Apple (AAPL), NVIDIA (NVDA), Microsoft (MSFT) and Tesla (TSLA) have been a mixed bag in 2025.
