Why the Magnificent 7 can bounce into the next earnings season, according to Morgan Stanley’s Mike Wilson - MarketWatch
1. S&P 500 is recovering from a four-week losing streak. 2. Dovish Fed signals and falling dollar support market optimism. 3. Concerns over tariffs and consumer spending linger in the background. 4. Magnificent 7 stocks show signs of stabilizing earnings revisions. 5. Market sentiment has turned around from bearish positioning.