Latest / Bull Market Conversations with Fexingo: Rallies, Momentum, and Riding Market Strength
CrowdStrike and Shopify Are Defying the Broad Market Selloff
As the S&P 500 drifts lower and small caps get hammered, a handful of names like CrowdStrike, Shopify, and Cloudflare are ripping higher. Lucas and Luna dig into the data: the S&P 500 down 1.3% in five days, the Russell 2000 off 3.3%, and ARKK sinking 5.4%. Meanwhile CrowdStrike jumps 9.4% and Shopify gains 5.9%. What separates the winners from the losers in this tape? They talk about the crowded trade in cybersecurity and e-commerce, the Bank of America note calling the rush out of cash a 'bull capitulation' sell signal, and what the flat Fed funds rate means for momentum. Plus…
The skinny
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