The "Smart Money" is making a run for the exits. Recent CFTC data reveals that asset managers have slashed their net-long positions in Nasdaq 100 futures by over $7 billion in the last 30 days. This is the sharpest reduction in tech exposure we've seen since last spring.
🔍 Why the sudden shift?
Wall Street is hitting "AI Fatigue." After a massive multi-year rally, the narrative is shifting from "AI Hype" to "AI Disruption Risk." Investors are no longer just asking who wins with AI—they are terrified of who loses.
Software-mageddon: Traditional software giants are seeing their worst non-recession slump in 30 years as fears mount that LLMs will cannibalize their business models.
CapEx Burn: Big Tech is spending billions on AI infrastructure, but shareholders are starting to demand immediate ROI, which hasn't fully materialized yet.
Sector Rotation: Money is flowing out of overstretched tech valuations and into "Old Economy" stocks and defensive plays (like Bonds and Gold) as the VIX fear gauge spikes above 26.
📉 Key Numbers toIndex/Asset Recent Move Sentiment
Nasdaq 100 -2.1% (Weekly) 🐻 Bearish Pivot
Short Positions +$3 Billion 📈 Rising
VIX (Volatility) > 26 Points ⚠️ High Al💡 What this means for you:
The "easy money" in the AI trade is over. We are entering a fundamental era where companies must prove their AI revenue or face brutal de-ratings. If you’re heavily concentrated in tech, it might be time to check your stop-losses.
The market is "selling first and asking questions later." Is this a healthy correction or the start of a 2026 tech winter?
What’s your move? Are you buying the tech dip or following the Big Money out? 👇