Dear Reader, Bank of America made headlines this week for two seemingly contradictory reasons... On one hand, they've cheerfully announced plans to open 165 new branches by the end of 2026. Perhaps in an effort to offset the other news that broke this week... The great Warren Buffett just offloaded even more of his BofA stock... $863 million worth of shares, to be precise. I explain here how these contradictions run rampant in the mainstream financial media – to the extreme detriment of YOUR money. However, today, I want to talk about a recent Bank of America story that DIDN'T make headlines... One that's inextricably linked to a dire warning I just issued for some of America's favorite stocks. Bank of America is one of many banks and hedge funds that have been championing the AI investing trend over the past year or so. They've called it a "gold rush," "the new electricity," and "magic sauce" for stocks. Yet, in July 2024, their tune abruptly changed. On July 17, Bank of America warned that investors could soon be burned by a swift correction in America's favorite AI stocks...  Less than two weeks later, the Dow dropped 1,000 points in the worst fall since the 2022 bear market – with the Magnificent Seven leading the plunge. And this is important... Bank of America was NOT the only voice on Wall Street to abruptly shift their view on AI in the weeks before the selloff. Goldman Sachs, Morgan Stanley, and UBS all issued bearish forecasts on AI stocks... just weeks before the Dow took its 1,000-point tumble. Coincidences like this do not happen on Wall Street. And now, as we brace for a volatile election season, millions of investors have been left to wonder... How did Wall Street see the destruction coming? And most importantly... What destruction is possibly coming next? The answer is simpler but perhaps more sinister than you might think. Remember: During my 50 years on Wall Street, I invented the indicator that's still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day. And it actually signaled a bearish move in AI stocks... The day before Bank of America issued their warning. One in three investors owns an AI stock today... Millions more are exposed through ETFs and mutual funds... If that describes you, I just released my newest stock warning – with drastic implications for America's favorite tech stocks. I'll say upfront – this is not a story you're likely to see in any headlines. It involves the Fed... the Magnificent Seven... and a moneymaking move loved by the greats on Wall Street. (George Soros did this when I worked with him.) But if you understand this, you'll also immediately understand why Wall Street always seems to come out on top during moments like this... While small investors suffer. Plus, how you can potentially get ahead of the next major market move – to never be blindsided by U.S. stocks again. Click here to watch now. Regards, Marc Chaikin
Founder, Chaikin Analytics | 
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