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Market alert: Major AI players and US indexes show bearish signals
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Retreated

Last week, Wall Street retreated amid rising geopolitical tension, diminishing hope of 3 rate cuts this year, hawkish Fed, and AI exhaustion.

- SMCI was down 23% in one day
- Nvidia was down 10% in one day
- Tesla hit 52-week low
- Apple is near to 52-week low
Indexes suffered their worst losing streak since Oct 2022

Are we gonna see more pullback this week? Or are we due for an oversold bounce?
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Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el
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