New Year, Same Trading? Breaking Down The Bumpy Start To 2022

Happy New Year! Though this week’s The Razor’s Edge touches on what may not be the happiest start for people investing in software names or tech more generally. So what’s going on? We throw together a bit of recent and longer-term history, a bit of market sentiment analysis, and some opinions on what might still work, to see why a shift has been coming for a while and why there might be more to come. Topics covered 2:00 minute mark - Did the first week mark a change or a continuation? 10:00 – The momentum juggling game 13:30 – What’s triggering the shift? 20:00 – End of a software cycle and finding an investor base 28:00 – Tracking companies’ evolutions 36:30 – Consensus buys vs. taking a leap of faith 48:00 – Multiple gravity has changed towards the slow and steady 57:00 – The 00s shipping bubble as a parallel 59:30 – Navigating the factors and the importance of getting the cycle right 1:11:30 – Sectors to watch 1:17:00 – Importance of perspective 1:21:00 – The nature of competition when all eyes are on a trend 1:35:00 – Not quite validation for permabears either