The Nasdaq’s mid-week tumble marked its worst drop since October 2022, sending it below its 50-day moving average for only the second time in 2024. The stock market and artificial intelligence-based stocks were due for significant pullbacks following the massive first-half rally that saw many stocks climb well over 50%.The Nasdaq’s quick haircut has it approaching its 21-week moving average and hitting some of its most oversold RSI levels over the past three years. AI stocks such as Nvidia, Super Micro Comp ...