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KG on Software's Sell-Off, TXN Rally & Copper Pressure
Description
In-line jobless claims and strong PMI prints give Kevin Green confidence in a U.S. economy making resilient steps forward. Where he's not confident: the software sector. He points to weakness in ServiceNow's (NOW) earnings causing some panic and explains why Microsoft (MSFT) serves as a bellwether for software. However, KG notes hardware's lasting rally, helped by earnings from Texas Instruments (TXN). He then turns to copper and explains why the commodity sees pressure Thursday.
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