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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