Our AI Small Cap Stocks Portfolio declined 23% in April but improved last week with 7 of the 10 constituents advancing outperforming the Global X Artificial Intelligence & Technology ETF (AIQ) which only went UP 1.5%, but is still DOWN 28.5% YTD.

All 54 AI stocks in the 7 AI category portfolios dropped this week, down 8.4%, on average, making it clear that the surge in the AI sector that began back on October 31st is over.

During the first week of April 6 of the 10 stocks in the Index declined with the Index down 20.5% YTD. The decline broadened this past week with all 10 constituents declining with the Index now down 27.7% YTD.

From no AI category losses in February, to 3 drops in March - now all 7 fell this week, clearly indicating that that the surge in AI stock prices that began back on October 31st is, indeed, over.

On average, the above 9 QC stocks were UP 0.2% last week, on average,  and are now UP 1.7% YTD.