SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (32553)4/11/1999 10:01:00 AM
From: kha vu  Read Replies (2) | Respond to of 120523
 
Macro economics news that you can use:
* Wall Street finished the week with a mixed trading session that managed to push the S&P 500 index and NASDAQ composite to record closing highs while the DJIA slipped 23.9 points off yesterday's record close. Optimism over economic growth absent of inflation provided the fuel for today's modest advance.

The Dow slipped off its all time high yesterday to close down 23.86 points to 10,173.84. The NASDAQ went up 19.66 points to finish at 2,593.05 and the S&P 500 rose 4.37 points to end at 1.348.35. Oracle was the most active on the NASDAQ with 38 millions shares trading to boost the stock up 11%. Despite the Dow's loss today the index is still up 341 points from one week ago and 11% so far this year.

The Russell 2000 added on 1.5%, or 5.97 points to close at 405.86. The S&P 600 Small Cap Index added 2.51 points to finish at 160.79. The Wilshire Small Cap Index increased 4.95 points to end at 595.85. The Individual Investor Small Cap 500 rose 1.17 points to 175.21.

* U.S. producer prices rose 0.2% in March as inflationary pressures
continue to remain subdued. Wall Street consensus forecast called for an increase of 0.3%. When the volatile food and energy components are extracted the index was unchanged. Gains in crude oil prices were offset by falling prices for computers, home appliances and other products.

* Crude oil registered its largest gain in seven months after the
International Energy Agency said production fell short of demand for the first time in more than two years, signaling a possible bottoming out of the worldwide oil glut.

* The lower than expected producer price index roused the bond market,
pushing the yield on the benchmark 30 year treasury up to 5.45% from 5.43% yesterday.



To: Jerry Olson who wrote (32553)4/11/1999 1:40:00 PM
From: SMALL FRY  Read Replies (2) | Respond to of 120523
 
Jerry,

USWB - I did an exhaustive T/S, vol, bid/ask review of late Friday action to verify what I thought I saw... the heavy blocks were all coming from the buy side... 5 large blocks stuck out like a sore thumb... four 100,000 and one 167,000 with follow on 25k and 50k all over... it's as I suspected, some institutions or extremely wealthy individuals like it at this level... I wish I loaded up with more. Hopefully it'll wait a few minutes for me...<g>

Did you get in at all?

SF