Don't know what to tell you. The writing is on the wall I'm correct.
Yes there is cycle out of some tech, but again, spy is flat despite this. Meanwhile IWM and SCHD are way up. Its clearly just a cycle out of high risk AI because of the FUD, despite huge capex.
Look at the bandwidth bottleneck trades. They are all back to their recent highs.
I will be buying any dips.