With the S&P 500 having its second consecutive down week, various stocks are identified as oversold and may rebound, including Tesla and Nvidia, while others like Philip Morris are rated overbought.

The article discusses recent declines in certain stock market areas expected to benefit from President Trump's policies, highlighting the performance of various stock funds and the overall uncertainty among investors regarding future policy directions.

Analysts have started cutting their earnings estimates for Big Tech, signaling a potential market downturn. Notably, Nvidia, Alphabet, and Amazon are among the companies seeing declines, with the overall S & P 500 expected to follow suit as market conditions shift.

Trivariate Research warns of a potential stock market correction in early 2025 due to weak economic data and declining investor sentiment, particularly affecting the S & P 500.