Information Technology
Group Update: IT Consulting & Other Services
We’ve held this group since August 2012. Its GS Score has continued to improve and currently ranks second out of 120 groups. Solid factor readings, coupled with a brightening fundamental picture in both the industry and the sector, keep us invested in this space.
Discrepancies Arise Between December & January
January could be a month that disrupts the current trend, but one month is not enough time to merit a changing of the guard.
There’s A Lot To Like In Systems Software
In addition to impressive factor readings, we like the fundamental trends in this space.
Sector Performance – Finding Discrepancies
Our Tech sector outpaced the S&P 500 Tech sector by 1400 bps and our Materials sector lagged the S&P 500 Materials by 2300 bps. Here’s why…
GS Scores in 2014
Looking forward, groups from the Information Technology, Health Care, Consumer Discretionary, and Financials sectors look appealing.
2013 Factor Performance: What Worked? What Will Keep Working?
Momentum and Value worked in 2013. Materials and Financials were the easiest sectors to exploit; Discretionary and Tech the most difficult. Momentum works in December; Value and Small Caps at the start of the year.
Tech Sector Looking Healthy - Technology Distributors Purchased
Our quantitative measures for the group and broad sector continue to improve; we think the recent relative turnaround in these stocks is poised to continue.
Group Models: Info Tech Tops Domestic, Financials Remain Atop Global
Both models have numerous Information Technology and Financials groups in Attractive territory. Neither model has any Unattractive Tech groups. Alternatively, neither model has any Attractive Utilities groups, while several Utilities rate Unattractive in each.
Group Models: Info Tech Tops Domestic, Financials Tops Global
Both models (particularly domestic) have a number of Attractive rated Information Technology groups and no Unattractive rated Tech groups. Financials’ domination of the Global Attractive range continues.
A Turn In Tech’s Tide?
Technology may be the biggest sector disappointment in the current eight-month leg of the rally, if not for the entire bull run from early 2009.
Electronic Manufacturing Services Purchased In Select Industries
Attractive valuations, improving growth and technical strength are the key drivers. The group offers an opportunity to participate primarily in the overall growth of computing devices.
Group Models Agree On Energy & Materials
But Information Technology rises to the top of the Domestic model, while the trend of Financials domination in the Global model remains intact.
Domestic and Global Group Models: Strong Agreement On Financials
Our Domestic Scores have five Financials groups rating Attractive; these same five industry groups are Attractive in our Global model. In total, seven Financials groups rank Attractive in the Global model, with insurance groups looking particularly Attractive.
Info Tech As The New Leadership Sector?
There has been a lot of talk recently by PMs and market commentators citing Technology as the place to be. However, when the performance is disaggregated, it becomes clear that this broad sector does not in fact look so good. There are pockets of strength (like the Tech…Big Ten), but our message to readers is be careful.
Insider Buying/Selling In Technology Sector…..Some Isolated Buy Signals
At the market lows, the Tech insiders while not net buyers clearly slowed their aggressive selling.
Tech Watch Revisited – Examining The Bullish Case For Info Tech
Technology continues to be a hot topic. This month’s “Inside The Stock Market” takes an objective look at the Tech sector.
Sustainable Tech Rally?
Sustainable Tech rally or nothing more than playing catch-up?
Sector Spotlight...on Technology
Looking for Q4 tactical trading opportunities in Tech.
Perception for the Professional
March 2026 Issue
Featured Articles
Sector Navigator
March 2026 Issue
