Today cloud stocks, 
IGV saw one of the nastiest declines its ever seen.
IGV hit its most oversold level on the daily chart since 2011.
This either marks a generational buy opportunity or a really nasty multiyear bear market.
Many software stocks like PYPL, MSFT, NOW, ORCL, TTD, SNOW, ADBE cannot seem to catch a bid.
There's so many quality names in this basket that would would favor a turnaround story.
We opened 2 new option positions today and added some common shares to the long term port.
it might take some time for these stocks to firm up but lots of valuations are looking dirt cheap.
IGV saw one of the nastiest declines its ever seen. IGV hit its most oversold level on the daily chart since 2011.
This either marks a generational buy opportunity or a really nasty multiyear bear market.
Many software stocks like PYPL, MSFT, NOW, ORCL, TTD, SNOW, ADBE cannot seem to catch a bid.
There's so many quality names in this basket that would would favor a turnaround story.
We opened 2 new option positions today and added some common shares to the long term port.
it might take some time for these stocks to firm up but lots of valuations are looking dirt cheap.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.