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AI “Kills Software”? IGV Crash + Mean Reversion Trades (NOW, FIGMA, MU, PYPL)
In this episode of The Philosophical Quant, Michael and Lia react to a wild week: “end of the world” vibes on Thursday, then back near all-time highs. The focus is software after a fear-driven selloff in IGV, with the narrative that AI could replace software companies. We break down why the bounce can still look weak, what the Nasdaq and key moving averages are signaling, and why the broader market may be rotating into areas like Dow Jones, small caps, staples, biotech, and IWM.
We break down current software stocks and discuss effective trading strategy applications. We also cover the nuances of RSI mean reversion and provide insightful investment analysis on specific stocks like PayPal stock, offering a comprehensive look at the current stock market dynamics.
Then we get practical with the Trading Technique of the Week: a mean reversion RSI approach—not buying just because something is oversold, but waiting for RSI to recover and using tight risk. Michael walks through why he chose ServiceNow using IGV holdings, while Lia shares her Figma trade built around demand levels, oversold RSI, valuation context, and a structured plan.
Finally, we jump into the Traders Clinic and answer audience tickers: MU, HIMS, and PayPal, focusing on parabolic risk, bear-flag behavior, exhaustion volume bounces, and the brutal reality of “bag holder supply.”
If you want us to review a chart, sector, theme, or psychology/risk management question, drop it in the comments—this show grows off your questions.
Chapters
00:01 – Welcome + viewers requested a software episode
00:36 – Lia on Thursday oversold + reversal
01:10 – IGV software ETF: AI fear narrative and selloff
02:28 – 200-week bounce + Nasdaq still choppy
03:05 – Nasdaq: 100-day test, trendline, data week + payrolls
03:58 – Rotation vs QQQ: RSP/IWM strength while software lags
04:33 – Rotation into Dow, staples, biotech, small caps; trade bounces
05:29 – Trading Technique: RSI mean reversion (wait for recovery)
07:10 – Picking “best in breed” via IGV holdings
08:18 – ServiceNow: tight risk, bounce setup, 2022 chop reference
08:45 – Lia’s Figma trade: demand level, target near supply, RSI oversold
10:03 – Mindset Minute: buying new lows + planning risk
10:50 – Lia’s framework: volume exhaustion, round numbers, valuation, puts
12:38 – Michael: assume you can be wrong; pre-define risk
13:35 – Lia: pros think “how much can I lose?” first
14:34 – Traders Clinic begins (audience tickers)
14:47 – MU: parabolic risk + bear-flag view
16:21 – HIMS: lawsuits/FDA narrative; RSI recovery plan
17:32 – Lia’s HIMS bounce trade: stop + gap-fill supply zone
18:48 – PayPal: broken trend, bag holders, slow recovery
21:49 – Close + ask for more questions
Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/
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By StocktwitsIn this episode of The Philosophical Quant, Michael and Lia react to a wild week: “end of the world” vibes on Thursday, then back near all-time highs. The focus is software after a fear-driven selloff in IGV, with the narrative that AI could replace software companies. We break down why the bounce can still look weak, what the Nasdaq and key moving averages are signaling, and why the broader market may be rotating into areas like Dow Jones, small caps, staples, biotech, and IWM.
We break down current software stocks and discuss effective trading strategy applications. We also cover the nuances of RSI mean reversion and provide insightful investment analysis on specific stocks like PayPal stock, offering a comprehensive look at the current stock market dynamics.
Then we get practical with the Trading Technique of the Week: a mean reversion RSI approach—not buying just because something is oversold, but waiting for RSI to recover and using tight risk. Michael walks through why he chose ServiceNow using IGV holdings, while Lia shares her Figma trade built around demand levels, oversold RSI, valuation context, and a structured plan.
Finally, we jump into the Traders Clinic and answer audience tickers: MU, HIMS, and PayPal, focusing on parabolic risk, bear-flag behavior, exhaustion volume bounces, and the brutal reality of “bag holder supply.”
If you want us to review a chart, sector, theme, or psychology/risk management question, drop it in the comments—this show grows off your questions.
Chapters
00:01 – Welcome + viewers requested a software episode
00:36 – Lia on Thursday oversold + reversal
01:10 – IGV software ETF: AI fear narrative and selloff
02:28 – 200-week bounce + Nasdaq still choppy
03:05 – Nasdaq: 100-day test, trendline, data week + payrolls
03:58 – Rotation vs QQQ: RSP/IWM strength while software lags
04:33 – Rotation into Dow, staples, biotech, small caps; trade bounces
05:29 – Trading Technique: RSI mean reversion (wait for recovery)
07:10 – Picking “best in breed” via IGV holdings
08:18 – ServiceNow: tight risk, bounce setup, 2022 chop reference
08:45 – Lia’s Figma trade: demand level, target near supply, RSI oversold
10:03 – Mindset Minute: buying new lows + planning risk
10:50 – Lia’s framework: volume exhaustion, round numbers, valuation, puts
12:38 – Michael: assume you can be wrong; pre-define risk
13:35 – Lia: pros think “how much can I lose?” first
14:34 – Traders Clinic begins (audience tickers)
14:47 – MU: parabolic risk + bear-flag view
16:21 – HIMS: lawsuits/FDA narrative; RSI recovery plan
17:32 – Lia’s HIMS bounce trade: stop + gap-fill supply zone
18:48 – PayPal: broken trend, bag holders, slow recovery
21:49 – Close + ask for more questions
Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/