Sincere says if any of the Mag 7 struggles, 'This market is going down, and hard'

Technical analyst Michael Sincere of Michael Sincere's Long-Term Trader sees the market as being ready to struggle in 2024, but he notes that trends in earnings will do the most to determine how it turns out, and if any of the Magnificent Seven stocks -- which spearheaded the market's dramatic gains in 2023 -- should stumble, he forecasts a major market decline. Chuck Mitchell of The Conference Board discusses the group's "C-Suite Outlook for 2024," which showed that top executives both domestically and abroad are scared of inflation and a potential recession, but most say they have not prepared for those potential outcomes yet. Plus, financial adviser Christopher Manske discusses his new book, "Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and The IRS" and, in the Market Call, Kevin Rendino, chief executive officer at 180 Degree Capital, discusses value investing and activist management in small- and micro-cap investing.