Semiconductor Cracks Deepen: Is the AI Leadership Finally Breaking? | CHART THIS

The market continued to rotate away from former AI leaders as semiconductor stocks suffered another wave of selling pressure. In this episode of CHART THIS, Dave Keller breaks down why charts like Micron, Western Digital, and other former leaders are showing meaningful technical deterioration, and what that means for the broader market. Dave also reviews today's sector rotation, explains why most sectors actually finished higher despite a weak Nasdaq, analyzes key sentiment indicators, and highlights why low-volatility stocks continue to outperform. If market leadership is changing, understanding where money is flowing may be more important than focusing on the headlines. 🎓 Take Dave’s FREE course on behavioral investing: https://www.marketmisbehavior.com/fre... 📘 Check out Dave’s recommended reading list: https://www.marketmisbehavior.com/rea... 🎯 Upgrade your market awareness with Seeking Alpha Premium https://marketmisbehavior.com/seeking... 👉 Follow Dave on X: https://x.com/DKellerCMT 👉 Follow Dave on Bluesky: https://bsky.app/profile/dkellercmt.b... 👉 Follow Dave on Facebook:   / marketmisbehavior   👉 Follow Dave on Instagram:   / marketmisbehavior   ⏰ Timestamps 00:00 Introduction and today's market theme 02:10 AI spending concerns weigh on Alphabet, Netflix, and semiconductors 04:15 Market recap: risk-off action across stocks, bonds, commodities, and crypto 08:20 Why sector rotation is becoming the dominant market story 13:05 Heat map review: AI leaders and storage stocks lead the downside 13:45 Western Digital chart: when a healthy pullback becomes a technical breakdown 17:00 Where money is rotating instead: financials, healthcare, telecom, and defensive sectors 19:05 AAII sentiment update: bullishness climbs toward caution territory 20:05 NAAIM Exposure Index approaches an important contrarian warning level 21:45 Low-volatility stocks continue to outperform high-beta names—what that says about investor The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice. Some of the links in this description and in the video may be affiliate links, which means you pay nothing more and it helps me to make Market Misbehavior awesome! As an Amazon Associate, I earn from qualifying purchases. For full disclaimer, please see our website: https://www.marketmisbehavior.com/dis.... * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *