Next Day Prep #322: Calm Index, Violent Rotation: Chips Crash as Cybersecurity Rips – Monday 9/14/2026

Episode summary

The S&P closed nearly flat, but underneath the surface, an AI-safety scare triggered a violent rotation out of semiconductors and into cybersecurity software. The team breaks down the breadth collapse, confirms the move with volume and scan data, and sets levels and risk discipline ahead of Wednesday’s Fed decision.