Charles Payne: This is creating an environment of anxiety

• AAII members show a sharp increase in bearish sentiment (38.7% vs. 31.0% historical average), indicating widespread anxiety.
• Despite strong earnings season with 'off the charts' stock responses, AI angst has wiped billions off tech stocks globally, including Indian IT stocks and US real estate service stocks.
• Software sector fundamentals remain robust with declining P/E ratios, 'through the roof' growth, and net profit margins (26%) significantly outperforming the S&P 500 (14%).
• Wall Street shows record high short interest in software, while retail investors are 'buying the dip' in the sector.

Charles Payne discusses the current market environment, highlighting a disconnect between investor anxiety driven by 'misinformation' and strong underlying fundamentals. He points to increased retail investor bearishness and AI-related angst causing global tech stock declines, yet emphasizes robust earnings, strong software growth, and high profit margins, suggesting a potential opportunity for informed investors.