AI bubble and equity stretch

The AI bubble page is a live read on whether the AI trade looks stretched versus its own trend. It follows Magnificent 7 breadth, NVDA versus its 200-day average, the semiconductor (SMH) and Nasdaq-100 (QQQ) extensions, one-month NVDA returns, and the VIX. High extension with weak breadth is a hotter AI-bubble print; calm VIX with stretched Mag7 is a different mix. None of this is a call to buy or sell NVDA, Mag7, or semiconductors — it is an early-warning overlay on the same macro model as oil, debt, and labor.

Latest stored readings as of 2026-11-10: VIX 20.19 (2026-11-09); NVDA vs 200dma -13.82% (2026-11-09); QQQ vs 200dma -0.49% (2026-11-09); SMH vs 200dma -7.22% (2026-11-09); Mag7 above 50dma 676.89% (2026-11-09); NVDA 1m return -23.20% (2026-11-09); VIX term structure 0.91 (2026-11-05); Buffett indicator (proxy) 74.46 (2026-11-06).

Is the AI bubble stretched right now?

This page is a live AI bubble watch: Mag7 breadth, NVDA versus the 200-day, SMH and QQQ extension, one-month NVDA returns, and VIX. High extension with weak breadth is a hotter print. It is not a call to buy or sell NVDA or Mag7.

Which names sit on the AI bubble dashboard?

The gauges follow Magnificent 7 breadth, NVIDIA (NVDA), the semiconductor ETF SMH, Nasdaq-100 (QQQ), and the VIX as a volatility overlay.

Also on this dashboard: Macro Early Warning · Macro Early Warning: AI bubble, oil, debt, and social stress · Iran and Hormuz oil risk · US rates, Treasuries, and debt stress · Social stress, jobs, and housing · Dividend and DCF equity screen · Data health and source freshness · Privacy Policy

Informational only — not investment advice.