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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (5011)2/21/2001 8:39:02 AM
From: gladman  Respond to of 6445
 
CPI is out, double the estimates on the upside.

>>U.S. prices jump
8:34 a ET
Consumer prices rose 0.6 percent in January, the government said Wednesday, double Wall Street forecasts. Excluding food and energy, the consumer price index, the government’s main inflation gauge, rose 0.3 percent, which was also above economists' forecasts. The report came after a big jump in inflation at the wholesale level in January surprised investors last Friday. Stock futures reversed direction and fell after the report, pointing to a flat to lower open on Wall Street. <<



To: Jenna who wrote (5011)2/21/2001 8:59:37 AM
From: Jenna  Read Replies (1) | Respond to of 6445
 
Still think there is downside in some stocks that hitherto bucked the trend.. Today might be the day even these get clobbered. Looking for BEAS to get to 45 than 40.. and then who knows? ADBE might have some move up in identification with INTU.. but don't count on it lasting.