Jun. 10 at 2:25 PM
Software/cloud pullback alert:
$IGV has given back 50% of April gains in just 6 sessions,
$NOW down 60%,
$PLTR down 80%, now below the .786 fib. WCLD bounced nicely off 50% retrace yesterday.
We’re adding selectively-software/cloud is <4% of capital:
$RBRK, ZETA. Watching CPI this morning before deciding next moves.
High-conviction names to watch/add with stops:
$PLTR, DDOG, NOW, DOCN, FSLY, TWLO, TEAM, SHOP.
Who else is hunting software/cloud bargains right now?