SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (98476)5/19/2000 11:28:00 AM
From: Jenna  Read Replies (2) of 120523
 
CMA and DVN.. two interesting plays. CMA had broken out of a v-cup and handle today but pulled back. Resistance is 46 but at 47, CMA will have a triple top point & figure breakout. Chart is looking good. This is no SCMR but it will let you sleep at night. It is having its annual meeting for shareholders today, May 19, 2000.

DVN is a winner (do your own dd). It had a annual meeting for shareholders on May 18 It reached a new 52 week high on May 18, not a very good day for the rest of the market.Devon's revenues and net earnings for the quarter ended March 31, 2000, were the highest of any quarter in its history. Net earnings for the first quarter of 2000 were $61.1 million, or 68 cents per share. This compares to net earnings of $6.0 million, or 12 cents per share for the first quarter of 1999. The increase in first quarter earnings was due to sharply higher oil and natural gas production coupled with higher overall oil and natural gas prices. The increase in first quarter production resulted primarily from the August 17, 1999, merger of PennzEnergy Company into Devon.

DVN is currently a bit overbought but I'd wait for a pullback and look into this stock.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News