Jan. 16 at 4:18 PM
$IGV Software having the worst year out of the last 10 down 16% from the high and is definitely impacting the 3 names I own.
The index signaled a double top in October, broke trend and put a new low below Novembers low. The speculation is that AI will impact many of the enterprise software vendors by being able to replace functionality with new AI enabled tools. Weakness may continue until earnings.
Down own the index, but I do own the following.
$ORCL $PATH $NTSK