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Rob Isbitts

MYSTERIOUS: This cybersecurity etf just suffered a pullback should you buy the dip - You Need To See This

CIBR ETF Cybersecurity Rob Isbitts

The First Trust NASDAQ Cybersecurity ETF (CIBR) has become a primary battlefield for two of the market's most aggressive narratives. On one side, you have the essential utility thesis. That’s the idea that in an era of state-sponsored hacks and artificial intelligence (AI)-generated deepfakes, cybersecurity is the only non-discretionary spend left in tech. We can’t afford not to have that protection. Sort of like auto insurance, or flood insurance if you live in South Florida.

On the other hand, you have a punishing correction in valuations. That might become a true long-term reset. That’s taken the highest-quality software names out to the proverbial woodshed.

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