Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTMikhail FedorovSat, July 4, 2026 at 3:00 PM GMT+2 8 min readFinancial Data by Mer_Studio via ShutterstockThe stock market always lives on expectations and fears. If you look at the current picture, it might seem that anxiety has settled on Wall Street. The largest tech giants — Alphabet (GOOGL), Microsoft (MSFT), Meta Platforms (META), Amazon (AMZN), Nvidia (NVDA), and Tesla (TSLA) — have all gone through a very noticeable correction, down roughly 10% to 15% from recent highs. Parallel to this, precious metals — gold, silver, and platinum — have been squeezed at their support levels. The crowd of investors, frightened by macroeconomic reports, are beginning to have doubts. Is the party over? Are we on the verge of a recession?But if we cast aside emotions and look at the dry facts, technical indicators, and real business processes, a completely different picture emerges. The market is not dying. Instead, it is forming an ideal entry point at a local bottom. Here's why I believe that to be the case.More News from BarchartBillionaire Mark Cuban Says He Got Rich And Drunkenly Bought A $125K American Airlines Lifetime Pass —'I Called Them Up And Just Slurred My Words'AMD Beats NVDA in 1H26 Returns. Here's What's Next for 2H26.FedEx Is Abandoning Its Supply Chain Business. FDX Stock Investors Need the Logistics Giant to Protect Its Core Network.Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.www.barchart.comWhen we talk about the 10% to 15% drop in these market mastodons, it is important to understand the difference between stock market noise and the real economy of a company.Relieving the "overheating" in the market was necessary. Stocks cannot grow at a near-vertical trajectory forever, and a 10% to 15% decline is a classic process that shakes "weak hands" and speculators out of the market. Technical indicators (such as the Relative Strength Index, or RSI) have now stabilized. The "overbought" condition — which was shouted about from the rooftops just a couple of months ago — has been neutralized, and assets have returned to more adequate, attractive buying zones.But the most important thing is that, while the quotes were falling, absolutely nothing bad happened to the businesses of these companies. Big Tech did not suddenly stop generating colossal profits. In fact, their revenues are growing, and their ecosystems are still expanding. Stock prices may have suffered from macroeconomic fears, but the profit generators themselves have remained unharmed. Now, the shares of these businesses are being offered at an excellent discount.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info