To: LastShadow who wrote (6409 ) 3/24/1998 12:13:00 AM From: Jenna Read Replies (3) | Respond to of 120523
Analysis of watch list + look at education sector: TLC,CLCX, APOL look for the education stocks to continue upward trend. I was particulary excited about my watch list for tomorrow because I noticed certain trends: AHM, LU, GIC, RCL,ZION,LGWX close to or broke new high. TURNAROUND plays abound: CEI,MXIM,GLK,IDTI,SHX,SYMC,HM,LGWX both a turnaround play and a new high.....Turnaround plays are companies whose present earnings quarter is much higher than the quarter one year ago. They also have very good chart patterns and institutional buying. This means that the stock is already trending and it's technical picture is approximating it's fundamental picture.. this is a very good indication. CBS,CEI, MXIM,GLK,IDTI, SHX,SYMC, HM and LGWX should be particulary watched carefully in the next 1-4 trading sessions. GDT... is projected to have a knockout quarter.. together with the stock's strength.. option buyers could have a good opportunity to enter the April/May options. CBS.. a real favorite of mine just had it's analyst consensus recommendation upgraded from 1.3 from 1.5. STOCK broke DOUBLE TOP (Bullish) Point & Figure Chart Formation Yesterday.. All this and a breakout quarter as well... 8 strong buys for this one and a great chart.. GLK: Great Lakes Chemical Corp. (NYSE:GLK - news) traded $3 3/16 higher to $52 7/8 after Morgan Stanley raised its rating on the company to "strong buy" from "outperform." All this and a projected quater with EPS growth of 107.6% versus last years -51.1%... this is a very important turnaround play indeed. IDTI: 300% eps growth in 1997 versus a negative quarter last year. Institutional interest in this stock with lots of big blocks going through on Monday. LGWX.. close to new high 12 blocks going through interest mounting in this company.. a negative quarter projected to stabilize. SHX: another favorite of mine. What is going on here?.. constant institutional interest for last 3 trading sessions.. a projected change of 52.9% increase in EPS this year versus -19.0% last year.. Watch this one also. MXIM: 26.6% increase in EPS this year versus -46.0% last year.. increased institional buyers. This one is a must for watching. Very strong support in the MXIM thread on SI. SYMC: This is another great turnaround company.. look for 80.8% eps increase versus an unchanged last year. SYMC.. has been a winner for a while now. GIC: close to new high.. renewed institutional interest. CEI: turnaround play with a projected increase of 181.4% eps versus only 6.1% last year. This stock's chart is coming out of a severe downtrend and looks to change it's trend. Watch it carefully. RCL: Royal Caribbean Cruises reached a new high today.. together with CCL this sector is HOT... really hot... look for more here. So this analysis should make the watch lists very interesting for tomorrow.. Please keep this list in your database for the next couple of trading sessions because the stocks here might break out further in the next couple of days. jennamarketgems.com