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The Lag 7: What a Magnificent Disaster

Posted June 26, 2026

Greg Guenthner

By Greg Guenthner

The Lag 7: What a Magnificent Disaster

Man, what a rough week for tech.

The Nasdaq just logged its second 4% down week of the month. And it would've been a whole lot worse if it weren't for semiconductor stocks.

The memory trade is still alive and well, and Micron's blowout earnings helped save the week.

But I have to ask…

At what cost to the rest of the market, especially other tech stocks?

While everyone's been chasing chip stocks, some of the biggest names — including several members of the Mag 7 — have turned into magnificent disasters.

Today, I want to take a look at those other tech stocks that aren't doing so hot, review the charts that have my attention, and show you what July could have in store.

Click the thumbnail below to watch, where I'll break down the charts I'm looking at and explain what they could mean for the market as we head into the third quarter.

Keep an eye on these charts.

They could tell us where the market is headed next—and help us spot the next big opportunities before the crowd does.

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

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