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A Three-Pronged Major Market Rotation Is Just Beginning

Source: SeekingAlpha

2026-02-17 09:14:19 ET

Ever since early 2023, when ChatGPT went mainstream and Nvidia ( NVDA ) delivered blowout guidance, the S&P 500 ( SPY ) has been in a seemingly irreversible upward climb, and the NASDAQ ( QQQ ) has surged even more as investors have piled into AI-related tech and software stocks due to an expectation that AI would dominate the global economy in the coming years and decades....

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A Three-Pronged Major Market Rotation Is Just Beginning
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