Time to chase dip-buying opportunities in tech, software space? [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

US equities rebounded yesterday after early-session weakness, with dip buyers stepping in near key technical levels. Yet beneath the surface, conviction remains thin, signaling that investors are treading carefully. The AI trade continues to unwind selectively: software names are under pressure, while AI enablers are still digesting concerns over debt-funded investment plans. Bond yields suggest these companies remain “safe,” but swimming against the current bearish tide demands courage.

In Europe, rotation flows are still in play. In the UK, sterling’s weakness supports the internationally exposed FTSE 100, highlighting how currency movements can amplify market trends. Overall, sentiment is stabilizing, but investors are only cautiously back, weighing opportunities against ongoing uncertainty about politics, geopolitics and where AI is driving us!

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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