
The Ascent of the Mag-7

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Anyone who trades equity markets on a regular basis knows all too well the feeling of regret. There’s really no such thing as a contented trader, because if the market is going against us, we wish we weren’t in position, and if the market is going for us, we wish we were more aggressively-sized.
Years ago, I even set up a page called Woulda Shoulda Coulda which lets anyone punch in a symbol, date, and purchase amount just to see what the value of any given security would be in the present day. Try it, and I guarantee you’ll want to tear your hair out.
I was reminded of the topic of regret when I stumbled upon this prominent post over in /wsb:

Eli Lilly (LLY) has been one of the most merciless goes-up-all-the-time stocks in history, but recently it has done something surprising: created a major price gap and then perfectly filled it. Perhaps this is the end of the ceaseless ascent?


Just as excitement about Bitcoin ETFs goosed crypto to lifetime highs, so, too, did chatter about Ethereum ETFs push $ETH higher. It seems to me that about $2815 is a firm limit.
