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Buyers Fight Off AI Bubble Fears With A Partial Rescue from Breakdowns – The Market Breadth

AT50 (MMFI) broke down to a 7-month low and churned throughout most of the week.

Stock Market Commentary Media coverage of bubble talk in AI has become increasingly urgent and loud in recent months. Legendary short seller Michael Burry seemed to ring the clarion call when news dropped on Tuesday (November 4) about a massive bearish bet against NVIDIA (NVDA) and Palantir (PLTR). NVDA fell 4.0% that day. The downward … Read more

Did NVIDIA’s Earnings Surge to All-Time Highs Trigger Stock Market Exhaustion? – The Market Breadth

AT50 (MMFI) reversed almost half its gains from May after falling short of the overbought threshold.

Stock Market Commentary I looked to last week’s earnings from NVIDIA Corporation (NVDA) with great anticipation. The indices gathered momentum with all-time highs and seemed to point to a big moment for NVDA. NVDA did indeed have a big moment, but it helped precious few. In fact, NVDA’s gain looked like a net loss. Buyer’s … Read more