JNY #1 on yesterday's watch list +17%, AFWY +11.75% #2 on yesterday's watch list.. Good wrap up for this week's earnings plays and internet plays. Gang, note the nice way the fundamentals and technicals complement each other in both these plays.
Watch List for January 21, 1999
Still bullish on VRIO, GNET, DRTE, ,MXTR, YHOO, VRSN,CMGI,GNET, GCTY. Earnings plays mentioned yesterday and still hot are: SPRI, ITWO, PVSW
Criteria Criteria Values
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REL PERFORMANC 1-DY display only
MOVING AVG 10-DY display only
STOCH VAL 9/3 DY display only
STOCK PRICE display only
WILDER RSI 14-DY display only
MOMTM HST 12/20/6 DY display only
1> JNY - JONES APPAREL GROUP INC .TAM
1-Dy = 106.3 10MA = 105.2 Sto9V= 66.4 Price= 24.2
W14dV= 62.8 Mm12H= 3.9
chart Looking good JNY reports earnings on 21st.. and it broke through resistance of 23 7/8 on Wednesday. That is a good sign before earnings. Indicators are bullish. Relative Strength, RSI and Stochastic is a bit overbought. Watch this for a possible continuation
of the uptrend.
2> AFWY - AMERICAN FREIGHTWAYS CORP .TRU
1-Dy = 106.0 10MA = 115.7 Sto9V= 98.3 Price= 13.1
W14dV= 78.4 Mm12H= -2.2
USFC came out with stellar earnings on Wednesday and AFWY reports on the 22nd.. and is expected to have 220% increase in EPS for the 4th quarter of '98. Chart is very strong with an overbought stochastic but again before earnings would not be as significant factor if the anticipation of a good report is strong. |
