The most intense short-selling wave in a decade is sweeping through U.S. software stocks, with Morgan Stanley data showing short interest hitting a record high since 2010, plunging the market into a "sell first, ask questions later" panic. Concerns about AI replacing white-collar jobs have triggered industry turmoil, with defensive sectors accelerating their outperformance. Goldman Sachs trading head Callahan stated that many stocks in the tech/growth sectors are showing signs of being oversold, and it's worth discussing which stocks are excessively discounted.
Software stocks face the largest short-selling wave since 2010, Goldman Sachs exclaims: the market has "nowhere to hide"!
The most intense short-selling wave in a decade sweeps through U.S. software stocks, with Morgan Stanley data showing that the scale of short positions has reached a new high since 2010, causing the market to fall into a panic of "sell first, ask questions later." Concerns about AI replacing white-collar workers have triggered industry turmoil, with defensive sectors accelerating their outperformance, while the seven tech giants (Mag 7) also show signs of decline. Goldman Sachs trading chief Callahan stated that many stocks in the tech/growth sector are showing signs of being oversold, raising discussions about which stocks are excessively undervalued
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
