According to a JPMorgan strategist, the AI trade is not positioned for a rebound like the one seen in July. Several factors are currently preventing a recovery: fewer short positions, buybacks winding down, no inflows, and too many longs. This setup suggests no imminent recovery is expected for AI-related stocks.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
