2026년 2월 26일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Tom Lee believes the worst of the software selloff might be nearing its end.
The Fundstrat strategist pointed to unusual trading patterns in the iShares Expanded Tech Software Sector ETF (IGV), which has dropped about 25% YTD. What caught his attention was a series of massive volume spikes, something often seen when investors rush to exit positions in what's known as capitulation.
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On Feb. 4, IGV saw its biggest trading day ever. Feb. 5 followed with the second largest volume in its history. Then Feb. 23 and Feb. 24 came in as the third and fourth biggest. Lee called this cluster of activity another sign of a bottom, suggesting that much of the selling pressure may already be behind the sector.
IGV's largest holdings include Microsoft (MSFT), Palantir (NASDAQ:PLTR), Oracle (NYSE:ORCL), Salesforce (NYSE:CRM) and Intuit (NASDAQ:INTU), meaning any stabilization here could ripple across the broader enterprise software space.
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