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

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To: Jay Lyons who wrote (9530)5/21/1998 1:26:00 AM
From: Jenna  Read Replies (2) of 120523
 
NOVL was recently upgraded and MACD looks strong... Relative Strength is bullish. I'm not overly optimistic of NOVL although the quarter looks to be a turnaround quarter for it. Mostly it's because the stochastics look a tad overbought. Again this could be an intraday trade. I've liked stocks like DH, HD, ANF, SUIT and the other retailers in the last few days.. I have not held techs longer than a couple of hours, yet I've held the retailers overnight. I still think in days of volatility the companies will good earnings will be up and buck the trend. I'll be watching HNZ and SKYW for some possible intraday action. The companies reporting usually enjoy increase in volume/price making them good trades and good for 1 or more points intraday. DELL was good for 5 points in two days.
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