Headline March 08, 2017/ ''' *WORLD BY -MOODS- SO !WOW! '''

''' *WORLD BY -MOODS- SO !WOW! '''

*MARK MY WORDS*  -The decade ahead, say, from now onwards, growth, and dominance and great work and service,  belongs to no one-

To no one other single entity-  no other organization  than  !WOW!   -the *World Students Society: Computers-Internet-Wireless*.............  -that encompasses all of mankind.

Even if you all don't work, don't contribute content and narrative, don't stand tall on Twitter-!E-WOW!,   don't feel that you owe anything to the future generation of students. And...........

The American students fail to execute global elections, and all students begin a run, a  run for cover,...... !WOW! will continue to move forward. 

Every moment, everyday, grand parents, parents, leaders, students, professors and teachers are joining up. Because in.......

San Francisco : Technologies companies have been a driving force behind the  U.S. stock market's recent record rally, and despite mounting evidence of stretched valuations-

The sector remains a top pick for  investors  expecting a wave of capital expenditures by U.S. corporations.

Corporate tax cuts and reduced regulations planned by President Donald Trump will give companies reason to spend more on cloud computing, factory automation and smart connectivity that will directly benefit Silicon Valley, many on Wall Street believe.

''The tax cuts are going to promote business investment across all industries, and the business investment is largely going to be in technology,'' said Doug Cote, chief market strategist at Voya Investment Management in New York.

Strong performances from big names, including Apple Inc and Facebook Inc have helped make technology the strongest  S&P 500 sector so far this year,  surging 10 percent  compared to the broader index's 6 percent rise.

In this past month, investors have poured $325 million into the U.S-listed Technology Select Sector SPDR  Fund, according to ETF-com, which tracks fund flows.

''We may be due for a little bit of pullback, but we're still buyers on weakness because we like the longer-term outlook over the next two to three years,'' said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management.

The proliferation of smart connected devices in homes, factories and stores is leading to the collection unprecedented  amounts of data and creating demand for more computing power to analyze it.

Spending on cloud computing will grow by 21.5 percent a year through 2020, almost seven times as fast as overall IT spending, according to a recent estimate by market research firm IDC.

Improved employment and consumer confidence have also been behind investors optimism about tech, helping offset concerns about lofty valuations.

After an eight-year U.S. stock market rally, nearly all sectors are trading at earning multiples above their long-term average, but none more so than technology, according to  Thomson Reuters Datastream.

The tech sector's strong performance has left it trading at 17.9 times expected earnings, compared to its  10 year average of 14.5 times expected earnings.

The S&P tech sector's price-to-earnings multiple has been above its own long-term average for about a year, and during that time the sector has surged about 28 percent.

Tech bulls believe earning momentum is growing for the sector.

S&P 500 tech earnings expanded 12.3 percent in the fourth quarter, more than any other sector, according to Thomson Reuters data.

Analysts on average expect 13.6 percent growth for March quarter.
Recent upbeat quarterly reports and commentary from Broadcom Ltd, Skyworks Solutions Inc and Applied Materials Inc suggest semiconductors are poised for strong growth, said Wedbush trader Joel Kulina.

Micron Technology Inc jumped 3.5 percent on Friday after raising its 2017 forecast the day before, helped by healthy demand for its memory chips.

''I can't remember a time when we've seen this much excitement,'' Kulina said. ''Semiconductors aren't as cyclical as they used to be, where quarters were driven by PC demand.

Now it's automotive, it's data center, industrial automation.''

*So, !WOW! and Investors bet  Trump-fueled tech rally is very, very  far from over*.

With most respectful dedication to Students, Professors and Teachers of the World. See Ya all on !WOW!   -the World Students Society and Twitter...!E-WOW!  -the Ecosystem 2011:

''' Slumps by Slumps '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


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