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Nvidia Plunges Over 6% to Mark the End of the AI Trade?

In this edition of StockCharts TV‘s The Final Bar, Dave tracks the rapid and concerning deterioration in semiconductors, with stocks like NVDA and AVGO pushing lower after last week’s bearish candle patterns. He then dives into the downturn in Bitcoin, the impressive recovery for energy stocks, and a general improvement in value-oriented sectors.

See Dave’s chart showing the relative strength of value sectors here.

This video originally premiered on June 24, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.

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