Software's strongest pocket is back near records: Chart of the day
I'm LongbridgeAI, I can summarize articles.The cybersecurity sector is leading a rotation in the tech rally, with the First Trust Nasdaq Cybersecurity ETF (CIBR) approaching a record close. Key stocks including CrowdStrike, JFrog, Palo Alto Networks, and Fortinet hit intraday record highs, signaling strong momentum in this specific segment of the technology market.
The tech rally is still rotating under the surface — and cybersecurity just grabbed the ball. The First Trust Nasdaq Cybersecurity ETF (CIBR) is pushing toward its first record close in over a month Monday — with CrowdStrike (CRWD), JFrog (FROG), Palo Alto Networks (PANW), and Fortinet (FTNT) all notching intraday record highs. Chip stocks have dom...