By Zacks Equity Research
Publication Date: 2026-03-11 08:59:00
Chicago, IL – March 11, 2026 – Today, Zacks Investment Ideas feature highlights Applied Optoelectronics AAOI, IREN IREN, Nasdaq 100 Index ETF QQQ, NVIDIA NVDA, Broadcom AVGO, Nebius NBIS
“If they don’t scare you out, they will wear you out.” ~ Peter Lynch
When I analyze the recent market action, I am reminded of the Peter Lynch quote above. Over the past five months, the market has been tricky, headline-driven, and contradictory. For instance, according to Bloomberg, “This is the tightest range for this point of the year in the history of the S&P 500 (going back to 1928), and tighter than any Dow range going back to 1896.”
Conversely, performance in individual names has been anything but predictable. For example, the divergence among AI names is breathtaking. Year-to-date, Applied Optoelectronics is up 179% while IREN is flat.
On Wall Street, volatility contraction leads to range expansion. The longer and tighter the price consolidation, the…
