The never ending SaaS dump

Investor summaryBearish

SaaS stocks like CRM and ADBE continue to hit 52-week lows, erasing post-earnings gains with no signs of reversal.

Bear points

SaaS stocks have completely erased gains from the last earnings season.
Major names are consistently hitting new 52-week lows.
There is no visible trend of reversal, suggesting further downside until the next earnings.

Post body

pretty much the pump from the last wave of earning are all erase.

Stock like CRM and Adobe just kept getting a new 52wk low

Now, Team on track to go back to Iran War low point.

There are just no trend of reversal, will it kept dropping until next earnings season?

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