# MAG7

Futures turned green. S&P +43, Nasdaq +262, Dow +184.
After two weeks of heavy selling, we finally see some signs of a rebound.
But to be honest, this little bit of green on Monday morning doesn't mean much.
Today is a month-end and quarter-end rebalancing day, and institutions shifting positions can produce many fake moves.
Last week, the Nasdaq 100 lost over a trillion in market cap, and the Mag7 collectively dropped $2.8T in June — not something a one-day rebound can fix.
Concentrix reports earnings after the bell tonight, with Wall Street expecting EPS of $2.63. This company has a signific