Avoiding the Next Asteroid
In this week’s market update, we will address the historical bubble that we think is forming at the very top of the Nasdaq and what this, along with weak stock market breadth, believe means for stocks and your portfolio. We will also address what may happen if the artificial intelligence bubble pops and where that money flows toward as capital seeks a new home.
- Technology AI stocks are in the midst of a euphoric craze
- The market is historically narrow, with most stocks down in 2023
- Gold and energy may be the next chapter of stock market history
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