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Beware Of The FOMO: The Circular Financing Bubble

By Seeking Alpha May 19, 2026 Bearish
Beware Of The FOMO: The Circular Financing Bubble
The S&P 500 rally is highly concentrated in AI-related stocks, with 85% of gains driven by a handful of hyperscalers. SOXX and semiconductor stocks exhibit extreme technical overextension, nearing historical bubble levels and signaling elevated pullback risk.
The S&P 500 rally is highly concentrated in AI-related stocks, with 85% of gains driven by a handful of hyperscalers. SOXX and semiconductor stocks exhibit extreme technical overextension, nearing historical bubble levels and signaling elevated pullback risk.