$RNG couldn't hold its earnings gap last Friday, but dip buyers stepped in again today.
If the current correction ends this week, software will likely be among the leading groups. If the correction persists, software will likely be among the hardest hit as it plays catch-up to the downside. $IGV
$TSLA is back above its 200dma, while its relative strength line continues to rise, making higher highs and higher lows. @MarketSurge #IBDpartner bit.ly/431EbVK
Momentum Monday - More Rotations ivanhoff.com/2026/10/25/more… @MarketSurge @howardlindzon $QQQ $SMH $IGV $XLV $XLE
New 52-week relative-strength high for the cybersecurity ETF, $BUG vs $SPY. Biggest holdings include $OKTA $FTNT $PANW $CRWD $RBRK $ZS $TENB $VRNS etc. @MarketSurge #IBDpartner bit.ly/431EbVK
A bunch of software stocks are looking very different than semis. Here's $CRM
$SSL - energy and chemical company out of South Africa at new 52wk highs. @MarketSurge #IBDpartner bit.ly/431EbVK
Software is leading the tech sector. New 52wk high for $APPN @MarketSurge #IBDpartner bit.ly/431EbVK
$IGV - Notable relative strength in software compared to semis and the rest of tech all week so far. It could still turn into a bear flag if it goes under its 50dma again.
Healthcare stocks are dominating the new 52-week relative-strength high list: $HTFL $LLY $BIIB @MarketSurge #IBDpartner bit.ly/431EbVK
Probably 0% chance of repeating or even rhyming, but just for historical reference, the Nasdaq Composite had a quick 10% pullback in October 1999, then an inside day followed by a gap up back above 50dma, slight consolidation and then off to the races.



















