Nvidia's Reversal Signals Broader AI Stock Pullback
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Nvidia staged a bearish reversal on Friday after becoming extremely extended, hitting the broader market and especially other AI stocks. It's a wake-up call for complacent investors.
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Review your portfolio exposure to AI stocks. Nvidia's reversal could mark a character change after a massive run.
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Square parent Block and Brazilian brokerage XP flashed buy signals on Friday. DraftKings is consolidating well.
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The market rally retreated last week, with the Nasdaq giving up record highs. A pullback could be constructive.
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Be cautious about new buys right now. Take time this weekend to update watchlists, looking beyond AI stocks.