The market is sitting near all-time highs—but beneath the surface, some of its former leaders are flashing warning signs.
In this episode of Markets Unscripted, Matt Caruso and Jason Shapiro examine why many AI-related stocks have struggled to reclaim their highs despite a powerful rebound in the broader indexes. They break down the changing leadership in names such as NVIDIA, AMD, ARM, Dell, Caterpillar, Nebius, and others—and discuss why traders should never fall in love with yesterday’s winners.
Jason also reveals one of the most crowded trades he currently sees, while Matt explains why rising volatility and weakening relative strength have pushed him toward a more cautious posture.
Then, the conversation turns to one of the most misleading statistics in trading: win rate.
Why can a 70%, 80%, or even 90% win rate be a major red flag? Matt and Jason explain how traders can win repeatedly and still suffer devastating losses—and why risk-to-reward, drawdowns, and the size of your winners matter far more than simply being right.
In this episode:
• Why former AI leaders are struggling
• The warning beneath the market’s record highs
• Why lagging stocks are rarely bargains
• Jason’s crowded-trade warning on copper
• The hidden danger of short selling
• Why trading more often can work against you
• The truth behind advertised 90% win rates
• How professional traders evaluate performance
Learn more from Matt Caruso and Caruso Insights:
https://www.carusoinsights.com
Follow Jason Shapiro and the Crowded Market Report:
https://www.crowdedmarketreport.com
This content is provided for educational purposes only and should not be considered personalized investment advice.
