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Why this AI pullback isn’t the top… a trading system flashing on Bitcoin miners… grading Eric Fry’s copper call at the halfway mark…
As I write on Monday morning, AI stocks are jumping, a welcome change from last week’s selling pressure.
Still, AI has felt different recently. At last Thursday’s close, the AI-heavy Nasdaq 100 had fallen more than 4% since mid-June, and many AI darlings were (and some remain) down double digits.
Over this stretch, the bears have grown louder. For instance, even this morning as tech stocks move higher, CNBC features an article titled “Semiconductor stocks are flashing warning signs of a possible top. What to watch.”
