HomeIndustriesEnergyMag 7 Pullback Drags SPX, Gold Retesting All-Time Highs

Mag 7 Pullback Drags SPX, Gold Retesting All-Time Highs

Markets open on another down day thanks to Mag 7 weakness after Constellation Energy (CEG) noted energy production for A.I. may be overstated. Kevin Green turns to the Mag 7 chart to show a potential head-and-shoulders pattern signaling more downside. He adds that gold is retesting all-time highs as volatility reignites. On crude, Kevin shows signs of a turnaround in price action.

Morning Trade Live

06 May 2025

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