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V-Shape Recovery Coming for SPX, NDX? Watch VIX Amid Stark AI Sell-Off

Dela

As the Nasdaq-100 (NDX) tumbles 6% on Thursday's session, Jay Woods remains cautious on short-term price action across tech but remains bullish long-term. He tells investors to brace for a V-shape move, the question just lies in where the bottom lies. Jay points to the VIX and its move past 25 as a key indicator. John Blank says he won't be surprised if the S&P 500 (SPX) touches 7,000 as the selling action continues. He names ASML (ASML) as a top stock pick he believes will stay resilient even if the AI trade remains fragile.


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