TOPLEY’S TOP 10 March 27, 2026

1. Mag 7 -15% from Highs…Next Watch for 50day thru 200day to Downside

StockCharts

2. Tech Stock Premium Over S&P Has Vanished

Tech vs. SPX. Tech’s premium over the S&P 500 has all but vanished: now at the lowest since early 2019.

Duality Research

3. MSFT Drawdown Worse than Liberation Day and Covid

Mike Zaccardi

4. Vanguard Growth VUG vs. Vanguard Value VTV 2026….VTV +3.5% vs. VUG -9%

YChart

5. S&P on Track for 5^th Straight Down Week

Barchart

6. Private Credit Playing Out …Will Private Equity Underlying Holdings Get Marked Down?

Dave Lutz Jones Trading–The accumulation of unsold private assets on investors’ balance sheets is a warning that some may be overvalued — and a spark could trigger a widespread markdown, according to Lloyd Blankfein, former chief executive officer of Goldman Sachs. “At some point there needs to be a forcing function or a reckoning that causes you to come to grips with what your balance sheet really is worth,” Blankfein said. “The analogy I like to give is you accumulate tinder on the floor of the forest and eventually a spark will come,” Blankfein said. “But the longer between intervals where there’s a spark that sets it on fire, the more that accumulates”