Jun. 22 at 11:52 AM
$CISO regarding CISO, its an off the beaten path cyber play with no algos programmed to trade it. It doesn’t have major % holding in people’s portfolios so I don’t think the beta to the market is high, which insulates us from geopolitical events like this.
In the overall market I expect some volatility, bears closed us on the lows Friday signaling some weakness. They smell blood and will look for follow through. That said, bears haven’t gotten any follow through and bulls have won every battle. The endless bid continues. It’s a headline driven market so I think it needs time to play out. My common sense tells me we won’t just go to new all time highs on an event like this given the uncertainty inherent in a situation like this. Bears need to win a few battles (we pullback) things get clearer on the macro front and the bull market continues.
