Have you seen the Mag 7 this week?

Earnings are kicking off, and it’s not looking good for these mega-cap names.

First, we had Google reporting on Wednesday night. The company gave investors exactly what they had been asking for: more capex spending.

Google raised its 2026 capex forecast to between $195 billion and $205 billion, up from previous guidance of $180 billion to $190 billion. And bigger numbers are coming in 2027.

But it didn't matter. The stock sold off.

Then came Tesla, which is also in full spending mode. The company expects to invest more than $25 billion in capex this year — a staggering 200% increase from last year.

What did the market have to say about it? Sell.

Tesla plunged roughly 14% on Thursday, an absolutely brutal move that dragged the rest of the Mag 7 lower with it.

So given these two ugly selloffs, I want to go through every single one of the Mag 7 stocks.

I’ll look at the charts and tell you which ones I think are buys, which ones are sells, and which ones are simply worth leaving alone for now.

Just click on the video below to check it out.

I don't think this is the environment to force trades just because these names have pulled back.

There are a couple of charts that still look constructive. But for the most part, I'd rather wait for the market to tell us it's ready to move higher before getting aggressive.

Sometimes the best position is simply doing nothing. I think we're in one of those periods.

Thanks for tuning in. I'll catch you next time.