• It had become quite evident during the past earnings season that the earnings growth from the AI phenomenon (outside the chip group) is not going to be as fast as investors had been hoping for over the last year.  Now, yesterday’s news is telling us that the chip sector’s earnings growth might not remain as spectacular as investors have been thinking either….This is not good at all……We’ll be watching two items on the technical side of things that should tell us just how bad this will be for the sector…and the stock market overall. 

 

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