
HERE IS HOW PRUDENT INVESTORS SHOULD THINK ABOUT AI SAFETY AND FEAR MONGERING; KEY SAUDI PIPELINE HIT
By Nigam Arora

To gain an edge, this is what you need to know today.
AI Safety Warnings
Please click here for a chart of leveraged semiconductor ETF (SOXL).
Note the following:
- Semiconductors are important because semiconductors have been the leading sector in the AI trade, and SOXL is the momo crowd’s favorite ETF.
- The chart shows a major pullback from the June high to the July low.
- The chart shows the July low occurred at the low band of zone 3 (support).
- The chart shows a rally from the July low on the collapse of Situational Awareness. Situational Awareness was a $45B fund that lost 67% in July.