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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: kendall harmon who wrote (16626)10/9/1998 2:33:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
SEG,RMBS,TLAB and INTC are all earnings plays from the Market Gems Newsletter. Positive movement here is an indication of "anticipatory upswing" before they report. This does not mean they will have a particularly fantastic report, it just means they will either beat the 'revised downward' estimate or they have some good news for the future in their report. (For example check out Motorola's report and results)... Both SEG and INTC have had positive reports about their earnings already.

SEG.. already MACD is bullish, relative strength breakout, volume indicates SEG is under accumulation. If it hits 24 3/4 it will breaking through resistance, something that I like to see. When DELL,MSFT,IBM fell through support they went into freefall.