“Software stocks look like death, breaking every moving average as AI eats their lunch, and the real damage comes when earnings finally roll over.”
“This is the IGV software ETF. This looks like death. It is. It's breaking the daily, the weekly, and the monthly moving averages, and it's breaking all 3. So this is how my framework is. AI is actually eating software's lunch.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.