Mag Seven to Lag Seven. Leading or Lagging?

Micron is America’s hottest stock, up 762% in a year and worth more than a trillion dollars. 

That’s after the stock fell 13% on Tuesday amid a selloff in AI-related companies. 

Spencer Jakab Wall Street Journal June 24, 2026

https://www.wsj.com/finance/stocks/mag-seven-to-lag-seven-when-one-decision-stocks-stumble-e20f3103 

I watch streaming market news regularly and have noticed how shares can be Leading or Lagging. 

That is easy to understand when the Market is up. Some shares are leading the pack. Others are lagging.

But when the Market is down it is a bit confusing. The shares that are leading the pack down are still called Lagging.

When the Bear market comes, as it will, sometime, will then the shares leading the pack down still be called Lagging, or perhaps then they are Leading? 


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