US stock software sector $IGV $MSFT $ORCL Over the past few days, the software sector, led by Microsoft, has seen decent capital inflows. On one hand, $VIX opened high but closed low, hitting a lower low, indicating short-term panic is fading. The software ETF $IGV is among the top inflows, and $IGV's trend is almost identical to $MSFT and $ORCL. On Thursday, they all bounced off the 200-week support. If the $SPX stabilizes, $MSFT is likely to confirm a bottom, which would significantly reduce selling pressure on software stocks.