Jay Woods on Volatile Trade Opportunities, Software "Guilty Until Proven Innocent"

"We're still in a cyclical bull market," says Jay Woods, but traders need to stay nimble as headlines develop out of the Iranian-U.S. conflict. While he expects "a bigger dip coming," he makes the case the SPX will hold steady and highlights where he would watch for trade opportunities. Software is one corner of Wall Street Jay calls "guilty until proven innocent" and expects bigger pullbacks before these stocks find solid footing.

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