Betting on Software Stocks
“We’ve already seen business spending starting to pick up, and we’ve seen consumer spending starting to decline. Software is a key element that will go on either one of those settings. When you look at your retail numbers this morning, you saw the lower end of the spectrum with Wal-Mart not so good. You’re seeing mid-range buying doing pretty well. The mid-range has got money and they’re still wanting to buy gadgets, whether it’s Apple phones or Garmin , and that’s software driven.”
Joe Clark, Financial Enhancement Group
(Contd.)
________________________________________
________________________________________