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All Articles on Seeking Alpha

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Market Rotation Alert: The AI Bubble Is Showing Cracks
Samuel Smith · 2026-06-11 · via All Articles on Seeking Alpha

Summary

  • Tech stocks just entered correction territory.
  • I detail why this is likely taking place and what the outlook is moving forward for the market.
  • I also discuss where and why a market rotation is taking place.
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Spiral of 100 dollar bills

Elen11/iStock via Getty Images

Since June 2nd, the Nasdaq (QQQ) is down by about 7%, and the technology sector (XLK) is down by about 11%.

This sharp pullback in such a short period of time has officially put the tech

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GLD, SLV, EPD, ET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.