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

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To: Don Julio who wrote (26180)3/4/1999 9:43:00 PM
From: Jenna  Read Replies (1) of 120523
 
Doug, Well the major impetus to cause me to hold through earnings is a) I've held that stock before through earnings (both MIKE and SPLS were 4-5 repeat earnings plays) b) the stocks have clearly stated strong fundamentals..both spls and mike have come up in the top 3% or fundamental rank c) The stocks are technically in an oversold position. If I didn't have a responsibility with Market Gems to prevent subscribers from losing their principal I might be more with the company and the results of both ODP, and OMX, and I could not very well have called a 'buy' signal when it didn't give one. SPLS still has upside left so it could probably be a nice short aggressive but MIKE was a fine hold even before the final earnings came out. SPLS was a decision I made based on previous experience term/intermediate term hold (2 weeks to 2 months).

And also the best plays did not involve holding through earnings but if you take an aggregate of all the plays this week (and there were a lot of them) they made for nice anticipation BEFORE earnings came out, even AEOS, TIF, TJX and some of the more 'popular' ones. And, Doug, SPLS might have had more publicity on CNBC than some of the others but actually TJX, and some others did even better BEFORE earnings. AEOS was good for 10 points and others easily gave 5% or more.
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