Rolf Elgeti
Rolf Elgeti
hardware market missed otherwise recorded strength summer tech worst
Tech has missed out on the market strength over the summer months. In an otherwise beta-led rally, IT Hardware is the stand-out exception, having recorded the worst three-month performance.
benefit companies happier investment margins position power pressure pricing quite seem side software stronger though volumes
They may not have the pricing power that other companies have and the margins are under pressure even though the volumes are quite all right. I am much happier with the software side of things, which seem in a stronger position to benefit from the investment cycle.
earnings expected positive taking trigger year
We had expected earnings to be a positive trigger this year and this is taking place.
reaction seeing selling technical thursday
We're seeing a technical reaction to yesterday's sell-off. But, I think we'll be seeing more selling Thursday and Friday.