Software Stocks Are Having An Historic Run

versus hardware at least...

Hardware Into Software Rotation On Queue

The Tech-Software ETF, $IGV, has outperformed the Semiconductor Sector ETF, $SOXX, by +16.59 percentage points over the last 6 trading sessions, the largest 6-day outperformance on record.

At the same time, $SOXX has dropped -8.22%, to near the lowest since February 5th.

This marks a historic reversal after software stocks underperformed by nearly -15 percentage points at the end of January, the biggest gap since 2008. - via @KobessiReport

WE KNOW THAT!!

I did a whole write up about it for clients that is now UNLOCKED for those who aren’t:

“RIGHT TAIL CALLS ARE SUPER CHEAP” - Feb 24th

I reviewed my faves every day for the past TWO WEEKS!!

Live trading room Feb 24th:

Live trading room Feb 25th:

Live trading room Feb 26th:

Live trading room Mar 4th:

I even did a whole write up on why I was short Nvidia:

And why the entire AI ecosystem of high-flyers was bout to fall:

All have come under distribution.

Not early. Early and Right.