A New and Important Narrative is Being Formed

1:42 p.m. ET We know the “AI” narrative and how powerful it has been the past several months, but it seems to be quickly fading with Semis showing unstable, volatile, non-bullish activity, and Nvidia (NVDA -3.75%) looking toppy, especially in terms of price volatility, after a parabolic run. The “AI” narrative looks like it’s being…