---
title: "Magnificent Seven poised for technical breakout despite Dow struggles, Oppenheimer says"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286779819.md"
description: "Oppenheimer Asset Management sees a positive outlook for mega-cap technology stocks, particularly the Magnificent Seven, despite the Dow's struggles. The firm notes improving technical momentum among these stocks, suggesting continued investor interest in growth equities. Oppenheimer plans to adjust its portfolio by reallocating capital towards less extended Magnificent Seven names like Apple, Nvidia, Alphabet, and Amazon, while trimming oversized positions. Year-to-date performances show significant gains for these companies."
datetime: "2026-05-18T13:29:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286779819.md)
  - [en](https://longbridge.com/en/news/286779819.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286779819.md)
---

# Magnificent Seven poised for technical breakout despite Dow struggles, Oppenheimer says

Despite continued weakness in the Dow Jones Industrial Average (DJI), Oppenheimer Asset Management believes the broader outlook for mega-cap technology stocks remains constructive, particularly within the Magnificent Seven cohort. The firm noted that several of the group’s largest companies are showing improving technical momentum as the sector att...

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