The “FOMO Trade” Moves Downstream in AI and Crypto

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“When YOLO, you’re all about FOMO.” The Magnificent 7 tech mega-caps and AI are the quintessential “fear of mission out” plays – it often seems there are more bettors there than bona fide traders.

But another “leg” has been kicked out from under these stocks” Google. Tune out the noise and we find…the stock is now dead flat for the year. Not a good sign.

So, the FOMO crowd is moving on to smaller, soon to be crowded pastures. Other AI stocks of varying quality, and cryptocurrency.

We’re going to look at just what the heck’s going on here and run down the tickers in play right now…

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