Excerpt from the Interview:
Jeff Bierman, Theotrade Chief Market Technician, joins Yahoo Finance to discus Nvidia’s fourth-quarter earnings and the impact it has on the AI boom in the long-term.
Bierman elaborates on potential risks with the market’s heavy focus on the tech sector: “It calls into question traditional risk management and traditional investment management diversification. Diversification in this market is dead. It does not work. You can’t tell me you’re going to lay risk and spread it across 11 sectors and get a meaningful effective return. It’s not working. So what managers have done is, they’re just gravitating towards what’s working and selling weakness to buy strength…
