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B Communications Ltd Message Board

  • hpq_rocks_world hpq_rocks_world Mar 14, 2013 11:11 AM Flag

    SP500 0.3% From Breaking Above Multiyear Resistance

    Breaking record high resistance by the DOW is lifting markets. US SP500 is near breaking above its record. Technology PEs are lower than utilities so are deemed underpriced and due to upturn.

    US capital spending January rose above consensus. Watch for 2-3 months trend confirmation.

    B Communications likely to rise with the technology capital spending upcycle that is overdue.

 
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