In this short clip from Live Trading Room (Feb 4, 2026), Samantha LaDuc explains that software stocks, tracked by IGV, have broken key long-term support levels, signaling a sustained rotation out of growth and into defensive areas like consumer staples rather than a normal pullback.
She notes that while short-term bounces are possible, the selling looks forced and structural, driven by uncertainty around future growth and AI’s impact on software, not simple profit-taking.
The broader message is that tech remains under pressure until a clear catalyst or intervention emerges to stabilize the sector.
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