Comparisons between historical market bubbles and the Mag 7 BofA

News Snapshot:

BofA Securities analyzed the most prominent market bubbles in modern history and compared them to what they categorize as today’s bubble -- the Magnificent Seven stocks. In their Flow Show report, published on Thursday, analysts said that no bubbles were alike, but there were similarities to gauge the Mag Seven group -- Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (AMZN), Nvidia (NVDA), Meta Platforms (META), Tesla (TSLA), and Alphabet (GOOGL) -- Those are comparisons in catalysts, price, valuation, and the price of money. These are the comparisons between today’s Magnificent Seven and the previous bubbles: Catalysts: Bubbles have been driven by technological...