widy.brighton
07-09

Watching $ServiceNow(NOW)$ navigate the $107.78 mark right now is a stark reminder of how heavy the software space remains. The stock put on a decent little run to clear $110 earlier in the week, but the sellers stepped right back in yesterday to shave off over 2.5%. It is a bumpy ride, especially when you remember this thing was carving out lows near $81 back in April. With their second-quarter earnings report officially locked in for July 22 after the closing bell, the near-term trading window is getting very tight. If you are thinking about chasing these small green days or aggressively buying the dips, you might want to reconsider. I am keeping my hands in my pockets until management drops the actual numbers and the market decides on a real direction. $Advanced Micro Devices(AMD)$
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Comments

  • Andrew001
    07-09
    Andrew001
    A lot of my biggest trading improvements came after I started following Owen's perspective on risk. Wish I had found that earlier.
  • AlyssaTan88
    07-10
    AlyssaTan88
    ok
  • Deposit
    07-09
    Deposit
    👍
  • Zasper
    07-09
    Zasper
    okay
  • okco
    07-09
    okco
    111
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