Software and Services
SPX Return In Perspective…
The Message From The Cloud…
Overweight (maintain cyclical trailing stop at 27% relative return since inception) The latest ISM services report followed its sibling ISM manufacturing survey lower as we have been expecting, given the leading properties and extreme economic sensitivity of the U.S. manufacturing sector. The…
Remain Cyclically Overweight, But Remove from High-Conviction Overweight List Our 10% stop on the S&P software high-conviction call got triggered and we are obeying it, booking gains and removing this index from the high-conviction overweight list. As a reminder, we are still…
Continue Playing Defense…
Stick With Resilient Software Stocks…
Put Tech on Downgrade Alert…
Protect Gains In Software…
Taking The Cloud To New Heights…
Feature This week, instead of our regular Weekly Report, we will answer clients’ most frequently asked questions (FAQs) from our recent marketing trip to the old continent. Table 1 lists these questions and below we will attempt to weave a cohesive piece and answer all of these interesting…