PVG Market In A Minute – October 27, 2015
- PVG Admin
- October 26, 2015
We would have to say last week was very odd. As we have mentioned, the expectations were very low going into the earnings reports, so some companies were greeted with aggressive short covering when the quarterly reports were not as bad as expected. The technology sector was the big winner up 4.4%. Some companies are changing their business models, like MSFT, as there were some acquisitions, but the general trend appears that we will have multiple quarters of flat to negative growth in front of us. There is not a pickup in technology spending.
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Market in a Minute 2015-10-27