Computer Software 2023-02-21 - weakened past two weeks
The industry as a whole has weakened the over the past two weeks and has essentially treaded water over the past four weeks.
The biggest three sub-industries (Application Software 86 stocks, Business Software & Services 48 stocks, Information Technology Services 25 stocks) are all Average strength - but the value here is knowing where there is material strength and weakness in these sub-industries:
Questions
What is going on at Magnite/MGNI? One-off great week or the start of a long run? Remember - the first step in a journey of 100% or more returns is a 1% return. What does the market know that you don't?
Why are the weakest companies still weak after the nice run stocks have had since the beginning of the year? If you own any of them, and you haven't done so, perhaps it is time to look more closely at whether you still want to keep them.
Should you reallocate funds from currently weak stocks into those which have held up best? If you do, make sure you answer the questions posed here.
