so last week S&P was down 4% and the biggest concern was AI bubble today S&P 1% away from ATHs, looks like a rate cut is happening, retail stocks actually CHALLENGING the “consumer is weak” narrative, and labor market is weak but not horrible as per jobless claims all of this while $NVDA is still down 15% from all time highs even after those earnings, now trading at 25x 2026 earnings the largest company in the S&P is down but the S&P being up means we are broadening which is very healthy narratives can shift so quickly