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

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To: aliveinsf who wrote (11205)7/9/1998 5:03:00 PM
From: Jenna  Read Replies (2) of 120523
 
EGRP.. I noticed yesterday the MACD was bullish and the relative strength looked 'poised' for a move. Estimated EPS Growth of 42% and a PEG of .86 this one really has room to move. Price is above resistance of 22 3/4 which is good. Note again how the best movers in an iffy market will be the earnings plays. YHOO led the whole group to a pretty good day. FDX was up sharply on a good report, VTSS was up in anticipation of a good report. BBOX up nicely, NEON was up nicely. Some of them that were not up that much like ABT and HELE were coming off nice streaks of strength made in the days leading up to the report.
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