Morgan Stanley tech momentum index drops 35.9 percent, ivana delevska notes

Morgan Stanley tech momentum index drops 35.9 percent, ivana delevska notes
Tech momentum index hits lowest on record

ivana delevska, founder / CIO at SPEAR Invest, highlights that the Morgan Stanley Tech Momentum Index has recorded a 17-day rate of change of -35.9 percent, marking its worst level in the index's 27-year history.

While many investors interpret this as evidence that the artificial intelligence (AI) trade is faltering, ivana delevska suggests it may point to a broader shift in market factors rather than a simple breakdown in AI-related stocks.

Delevska recently noted that Anthropic’s confidential IPO filing has drawn investor attention due to the lack of public data, according to a June 1 article. Earlier this year, she reported that the Spear Alpha ETF delivered a 27 percent return in May and crossed $200 million in assets, as detailed in a previous update. These developments come as investors review technology sector performance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.