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

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To: Jenna who wrote (9539)5/18/1998 7:53:00 PM
From: Jenna  Read Replies (2) of 120523
 
A good earnings report could propel SUIT through
resistance which is the 52 week high of 44.50.

rsquared is currently at an extreme low. Bollinger
Bands are 42.38% narrower than normal. SUIT usually
exhibits higher volatility around reporting time.
price is under support at 43 which is bearish.
I expect it to show price/volume gains tomorrow/
Wednesday.

5/07/98 - Men's Wearhouse Reports 32.2 Percent Increase
in April Sales

) 3/05/98 - Men's Wearhouse Reports 29.0 Percent Increase
in February Sales
open high low close volume
03/05/98 36.750 38.125 35.750 37.968 291,200
03/06/98 38.375 40.000 38.000 39.250 192,300
03/09/98 39.500 41.000 39.000 40.375 184,600

4/09/98 - Men's Wearhouse Reports 31.0 Percent Increase in March Sales
04/09/98 41.250 42.875 40.937 42.875 434,700
04/13/98 43.000 43.250 41.812 42.250 180,800

Earnings Acceleration has been perfect for the last 4 quarters:
Q4 97 0.60
Q3 97 0.25
Q2 97 0.23
Q1 97 0.19
in 4 quarters of 1997 went from .19 to .23 to .25 to .60
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