{"id":16384,"date":"2024-06-02T12:42:25","date_gmt":"2024-06-02T12:42:25","guid":{"rendered":"http:\/\/blog.leavittbrothers.com\/?p=16384"},"modified":"2024-06-03T15:55:46","modified_gmt":"2024-06-03T15:55:46","slug":"whats-going-on-with-software-stocks","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=16384","title":{"rendered":"What&#8217;s Going on with Software Stocks?"},"content":{"rendered":"\n<p>The market has been iffy lately. Despite Friday&#8217;s vertical afternoon rally, the indexes are mostly unchanged going back a few months.<\/p>\n\n\n\n<p>It seems like everyone it talking about gold and silver and other commodities.<\/p>\n\n\n\n<p>And, of course, NVDA and AI are a hot topic.<\/p>\n\n\n\n<p>And quants have pumped out many studies pointing to higher price the rest of the year and well into next year.<\/p>\n\n\n\n<p>But no one is talking about software, which has very quietly &#8211; or not so quietly if you&#8217;re paying attention &#8211; taken some big hits.<\/p>\n\n\n\n<p>This is not a complete list. I didn&#8217;t have to look hard or far to find examples of what&#8217;s going on in the group. The questions are: why and does it matter?<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/crm060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/team060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/ddog060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/now060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/wday060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/intu060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/snow060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/asan060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/estc060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/path060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/crwd060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/net060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/mdb060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/s060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/cflt060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/ntnx060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/okta060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/panw060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/adbe060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"http:\/\/leavittbrothers.com\/blog\/i\/payc060224.png\" alt=\"\"\/><\/figure>\n\n\n\n<p>This isn&#8217;t a small or insignificant group. It&#8217;s huge. It IS tech. And it&#8217;s screaming trouble.<\/p>\n\n\n\n<p>Is there a simple explanation? Does it matter? I don&#8217;t have answers, but my instincts tell me to not ignore this.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market has been iffy lately. Despite Friday&#8217;s vertical afternoon rally, the indexes are mostly unchanged going back a few months. It seems like everyone it talking about gold and silver and other commodities. And, of course, NVDA and AI are a hot topic. And quants have pumped out many studies pointing to higher price [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/16384"}],"collection":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16384"}],"version-history":[{"count":1,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/16384\/revisions"}],"predecessor-version":[{"id":16385,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/16384\/revisions\/16385"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}