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.
Microcap & Penny Stocks : INSP Investors Research
INSP 72.08-1.4%Oct 31 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: howsmydrivingal who started this subject2/24/2003 11:09:39 PM
From: KERRY.COLLINGS   of 787
 
Article in TheStreet.com:

messages.yahoo.com

Recommend this Post - This post has 3 recommendations Ignore this User | Report Abuse
Street.com article features insp
by: zeroletdown2000 02/24/03 01:04 pm
Msg: 475954 of 476134

The new year started off well enough. The January effect, retirement inflows and seasonal good vibes helped us forget the long bear market, at least for a while.

But two weeks into the year, reality intervened in the form of an impending war, and down we went. There wasn't much time for the average investor to get excited about the 2003 market and its prospects.

The good news is that several sectors are proving to be outperfomers as we tick toward war. These quiet leaders aren't the market segments you'd expect to find at the top of the list in dangerous times. In fact, the defense and precious metals groups have taken a beating in recent weeks.

I look at sector performance a little differently from the way most folks do. Rather than using percentage gains or relative strength, I focus on sectors that trade well above their 200-day moving averages. This enables me to uncover emerging groups that are waking up from long downturns, while retaining leaders that outperform year after year.

The top five sectors this month contain a few surprises. Specifically, three technology-related groups made the cut. But this shouldn't be that surprising when you think about it. The tech-heavy Nasdaq has outperformed the blue-chips handily since the beginning of the year. And last week tech mutual funds had their biggest weekly net inflow since April 2002.

Internet information providers top the sector list. I've been pounding the table on this awakening group for months now. While it's easy to concentrate on the Internet's big names, bullish charts are emerging on many smaller survivors.

For example, Infospace (INSP:Nasdaq - news - commentary - research - analysis) completed a nine-month cup-and-handle base last week. Buyers have shown unusual enthusiasm since the company's September reverse stock spilt. The chart looks very bullish, and this stock could take a fast run to $20 once it breaks resistance over $12.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext