Bank of America says the NASDAQ 100 index is approaching the foam level

Bank of America research analysts say that the risk of the Nasdaq 100 index's upward trend is accumulating, but there is still room for AI themes to rise. The foam risk index of the NASDAQ 100 index is slightly lower than 0.8, and technology stocks and semiconductor stocks have experienced extreme foam price movements. The Bank of America team believes that the formation of the artificial intelligence foam may take several years, and this indicator is helpful to prompt the periodic callback.