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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Dave Shares who wrote (9514)5/18/1998 3:11:00 PM
From: Jenna  Read Replies (1) of 120523
 
CPWM: Interesting company reporting tomorrow.. Current vs. Year Ago Change 200% ..The trend in furniture sales is going up tremendously. Chart looks excellent with MACD, moving averages all bullish. The stochastics indicate that CPWM is actually oversold.. Looks like a strong stock.. has a relative strength of 87 according to investor's business daily. It's on the list with the top 11 retailers including some favorites like FBN, RWAY, LIN, ETH.....

According to a feature in Monday's Investor's Business Daily
Furniture: Demographics and a strong economy are fueling a surge in demand for home merchandise'...

The industry is enjoying a strong economy and vibrant housing market.....consumers are spending more of their disposable income on the home. They're entertaining, spending more time at home and building larger houses...."

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