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

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To: HandsOn who wrote (19904)12/14/1998 12:00:00 PM
From: Jenna  Read Replies (8) of 120523
 
FORE upgraded..AMMB upgraded Southwest Securities Starts Pacific Sunwear At Buy. for the next few weeks there are going to be the inevitable companies that call earnings warnings, then a panic will set in that this quarter might be weaker.. that leads to some slight corrections in the market.. By the time earnings comes around strongly, within a week or two everyone will see that there are companies that report good earnings.

by mid - January things will go smoothly as usual when more and more companies beat the estimates. There will be a collective sigh of relief from investors and then the earnings plays will be even better. NKE, I was considering but hesitant already is up 10%. CC upgraded before the report. The same scenario every quarter for the past 8 quarters...
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