Chris McMahon believes the S&P 500 (SPX) will continue to broaden out and offer more muscle to small caps and other corners of Wall Street largely ignored by investors. However, he points to interest rates as a lingering headwind, especially when it comes to the housing market. Chris remains a bull when it comes to the tech trade, particularly in AI memory stocks like Micron (MU) and SK Hynix (SKHY). He sees Microsoft (MSFT) as the Mag 7 name to buy right now.