Bulls Fade Fast from the Overbought Frontier – The Market Breadth

fade (Credit: Hercules Wrestling the Bull by carfull...from Wyoming on Flickr)

Stock Market Commentary: The summer of loving stocks is facing its first real test. In the middle of the week, the rally finally failed at the threshold of overbought market breadth. The stock market closed the week with market breadth confirming the end of the primary rally and the start of an important test of … Read more

Running With Picks and Shovels in the Generative AI Race

picks and shovels (Credit: Shovel or Shovel? You Pick by Linda, Fortuna future on Flickr)

NVIDIA Races Ahead Money manager Cathie Wood of ARK Invest is known for being unconventional by making concentrated bets on highly speculative companies, what Wood calls betting on innovation that solves problems. So of course Wood has AI-related bets in the various ARK funds. The ARK Autonomous Technology & Robotics ETF (ARKQ) in particular holds … Read more