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Barchart
Barchart
Rob Isbitts

The Strait of Hormuz Crisis Provided a Temporary Distraction from a Collapse Brewing in AI Stocks. What Comes Next Could Get Ugly.

The past month has been chaotic and unsettling for the market as it shifts from one obsession to another, although investors have been surprisingly resilient. But how much longer will that resilience last? 

Reports of retail investors pulling back might be temporary. But I don’t read surveys, I read charts. And in my recent review of the 20 largest stocks that comprise nearly half of the S&P 500 Index ($SPX) by weight, I frankly found nothing. 

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