
Nasdaq Hit Contrasts With Market Breadth; Ulta, Nutrien, TKO In Focus
Dec 12, 2025
Hosts dive into the recent market movements, highlighting the significant drop in the Nasdaq due to AI-related sell-offs. They analyze Broadcom's troubling performance and discuss trading strategies around earnings gaps. There's a focus on material strength and retail opportunities, alongside deep dives into breakout stocks like Ulta and Nutrien. The conversation extends to homebuilder frustrations and the dynamics of mega-caps like Meta and Apple, all while providing insights on key support levels and market indicators.
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Episode notes
Son's 'Principal For A Day' Story
- Mike Webster shared a brief personal story about his son serving as principal for a day at school.
- The son enjoyed lunch with the principal and helping through the day.
AI-Led Leadership Pain Drove NASDAQ Weakness
- The NASDAQ's weakness was driven by an AI-theme selloff concentrated in leaders like Broadcom and Nvidia.
- Broad leader drops spilled into many AI names but didn't uniformly break broader-market breadth indicators.
News Can Cause Volatility Without Breaking Trends
- A big pre-announcement or buyback can force analysts to revalue a stock quickly, causing volatile moves but not necessarily a broken chart.
- Watch whether the stock reclaims recent highs to judge if the theme is over or merely pausing.






