Software stocks are experiencing a historic run: $FLOW  $BANANAS31

$UAI The Tech-Software ETF, $IGV, has outperformed the Semiconductor Sector ETF, $SOXX, by +16.59 percentage points over the last 6 trading sessions, the largest 6-day outperformance on record.

This comes as $IGV has rallied +8.37% over this period, to the highest since February 2nd.

At the same time, $SOXX has dropped -8.22%, to near the lowest since February 5th.

This marks a historic reversal after software stocks underperformed by nearly -15 percentage points at the end of January, the biggest gap since 2008.

This also comes after hedge fund short exposure to US software and services stocks rose to a record 3.8% last week.

A short squeeze in software stocks has arrived.

BANANAS31USDT

دائم

0.007162

+5.66%

FLOW

0.04201

-0.21%

UAIUSDT

دائم

0.3446

-0.89%