In favor of a potential upward reversal we are technically very oversold right now, but we also have to acknowledge this is a rather crazy news-driven market prone to severe whipsaws.
When you take a market that's very complacent with very high valuations that's already beginning to show signs of leakage, it doesn't really take much to really accelerate things and and throw the fuel onto the fire.
Though nobody likes to see their stocks get hammered, the recent negative price action could be a blessing in disguise from a long-term standpoint, allowing investors to scoop up shares at a relative discount and ride the wave back up.
Here is a short look at the 7 largest companies by market capitalization as of Saturday, April 5, 2025. Additionally, I have included the percentages of their gains on a year-to-date basis. Let's dive into the numbers.
