The only time market breadth has been "this bad" was in 1973 and in 1999 into 2000, says Matthew Tuttle. While it doesn't blare emergency alarm for stocks, Matthew warns on buying AI-related stock dips until Micron's (MU) earnings and urges investors consider hedges for portfolio protection. On Micron itself, Matthew says he would "love to see them blow away the whisper numbers" to add profound confidence the AI trade has a long runway ahead. If earnings disappoint, he sees the report holding potential to "pull everything down" across tech.