We’re right in the thick of earnings season, and the big names are coming fast — Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta (META), Apple (AAPL), Google (GOOG), and Nvidia (NVDA). The MAG7 have been the clear market leaders coming out of the 2022 bear market. But right now, I’m not interested in trying to guess which ones are going to pop and which ones will disappoint.
Instead, I’m looking to the MAG7 ETF (MAGS) as a cleaner way to trade the group as a whole — and frankly, a much smarter use of capital.
Why MAGS Makes More Sense
At current levels, these stocks are expensive — both in share price and valuation. Buying even one round lot of each would tie up tens of thousands of dollars. And while the options are liquid, there’s no guarantee individual earnings reactions will follow logic. We’ve already seen names beat on the top and bottom line only to sell off the next day.
MAGS lets me bypass that chaos. If earnings across the board come in solid, the ETF will likely capture the upside. If they disappoint, I’m not stuck holding a concentrated position in the wrong name.
Right now, MAGS is down about 33% from its high. If the group retests those lows and sets up a bullish divergence — lower price, higher momentum — I’d be looking to get long. And if it drifts back toward resistance? Great spot to trim, de-risk, or roll hedges.
Focus on the Setup, Not the Hype
I’m not trying to be a hero and time the exact bottom on any of these names. I’d rather look for solid risk-reward setups with clear support and resistance — and MAGS gives me that. It’s easier to size, easier to manage, and easier to trade around without overexposing myself to any one stock blowing up after hours.
If you’ve got limited capital, or you’re just tired of getting whipsawed on single-stock earnings plays, this might be the smarter way to go.
And honestly, in a market this noisy — with yields jumping, the VIX hovering around 30, and rate cut expectations shifting every week — I’m not looking to overcomplicate anything. I’m sticking with baskets like MAGS, waiting for cleaner setups, and keeping my trades small and tactical.
Survive now. Get aggressive when the edge is better.
I’ll see you in the markets.
Chris Pulver
Chris Pulver Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
-
- Telegram:https://t.me/+av20QmeKC5VjOTc5
- YouTube:https://www.youtube.com/@FinancialWars
- Twitter:https://x.com/realchrispulver
- Facebook: https://facebook.com/therealchrispulver
Important Note: No one from the ProsperityPub team or Chris Pulver Trading will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Traders Are Crushing It in the Blitz Room
We are 19 for 23 since April 2, and these guys don’t quit with the tariff twists and turns…
Discover my Blitz Room Blueprint for conquering the markets daily with an 89% win rate.
