📰 ‘LONG MAGNIFICENT 7’ REMAINS MOST CROWDED TRADE, BOFA SURVEY SAYS Long positions in ‘Magnificent 7’ stocks–Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla–are considered the most crowded trade for the 18th consecutive month, Bank of America’s September global fund manager survey finds. A total of 46% of investors polled cited this as the most crowded trade–though this is the smallest number since November last year–, while 19% cite short China equities, BofA says in a press release accompanying the survey.