Investopedia on Rotation Out of PLTR, MSFT, ORCL & Other Software #shorts

Palantir was one of them. Microsoft, another one. Again, this stock has been one of the most popular in our portfolio for a long time. ServiceNow, Salesforce, and Oracle, all the software-related ones that could be impacted by AI because you're not going to need as many client seats in the future if AI can do a lot of that work. So, you saw software get a big hit there. When in terms of what they were piling into, they were piling into a little bit more of SpaceX, CrowdStrike because of the cyber concerns there, Nvidia, of course, and Meta, which really was the strong one of the strongest stocks over the last few months. And then you look at these small ETFs that are tracking oil. And I was looking at this one, AMLP, a midstream energy ETF there. You see investors looking for diversification in energy, but not necessarily buying direct names. Oddly, given this risk environment, people say they might buy individual stocks. They might take a flyer on individual stocks. We ask this every quarter because it's the ultimate test of discretionary investing power. What would you do if I just gave you 10 grand and you could do whatever you wanted with it? It's now individual stocks and ETFs. And probably a lot of those high-beta stocks because when you look at the performance of a Micron reporting earnings later up what, 270% or even the Sandisk of the world, you're saying, "I'd take 10 grand and put it on a flyer right now." So, individual stocks and ETFs on the top of that list. But then you start to see people chasing high-yield savings accounts, money markets, and CDs, and paying down debt.