tech
February 9, 2026
Three software earnings reports this week could trigger a bounce, says Jay Woods
Investor and trader Jay Woods breaks down the week ahead for Pro subscribers.
TL;DR
- Jay Woods is watching three software earnings reports this week for a potential sector bounce.
- The iShares Expanded Tech-Software Sector ETF (IGV) is down nearly 30% from its all-time high due to AI disruption fears.
- Applovin, Datadog, and Unity Software earnings are key catalysts Woods is watching.
- Woods suggests nibbling at IGV if it approaches major support around $80-$77.
- Cisco earnings are also on the radar, with a potential breakout above $85.
- Other market events mentioned include Robinhood earnings, Jobs data, and CPI data.
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