To: Jenna who wrote (39474 ) 5/11/1999 8:33:00 PM From: Jenna Respond to of 120523
Watch List for May 5 - May 11: I'd like you to keep these because once in a while I'll 'call' an entire watch list to the fore. We never need more than 2 or 3. Even 1 is enough but sometimes there are cheaper stocks like JDEC, SATH, AEIC that its a shame to miss.. if they pop one day late. or even MCHP that was upgraded a day or two after it was on this list.May 5, 1999 (below) , May 6: http://209.238.58.46/May6woh3.htmlMay 7 :http://209.238.58.46/May7wjh3.html ; May 10: http://209.238.58.46/May10wjh3.html ; May 11: http://209.238.58.46/may11ght.html Watch List for May 5 Quite a day we had today. I've got 11 today because numbers 1, 10, and 11 might prove to be premature. Please DO NOT rush into any of them. You will know if they are ready. We might have to just daytrade them for a while, if anything VSH, AEIC and FOSL are alternate earnings plays reporting Thurs/Fri. I waited for them to show some momentum before posting them. As usual continue to watch ERTS which could report before the open If you are not holding then watch in the morning for a possible earnings report. Criteria Criteria Values __________________________________________________ STOCK PRICE display only 1/30-DY VOL RATIO display only PERCENT DAILY RANGE display only STOCH VAL 9/3 DY display only WILDER RSI 14-DY display only % HIGH VALUE 4-WK display only REL PERFORMANC 1-DY display only *MOVING AVG 50-DY display only *MOVING AVG 10-DY display only * Added the 50 day 10 day moving averages today. Stocks are falling and beginning to test their 50 day moving averages, and 10 day moving averages for the internets. In one glance you can see from this "display" if a stock is above its 10 day moving average or 50 day moving average Lets take SATH below. Because 100 is the moving average value for a stock ON its moving average. (this interpretation will be added to the the Criteria and Technical Indicators page after today) Anything below 100 means the stock is trading below that average. For SATH it is trading both BELOW its 50 day (95.8) and its 10 day moving average (91). That is not that good, but there could be a reversal especially since SATH is before an earnings report. Stocks 3,4 and 5 are in strong uptrends. They are trading above both their 10 day and 50 day Moving average JDEC is in a good positions as it just bounced off its 50 day MA ind is close to breaking through the 10 day as well. Volume is extreme (355). 1> SATH - SHOP AT HOME INC COM NEW .RMC Price= 11.8 ( 57) VL/30= 58.2 ( 53) %Rnge= 14.0 ( 31) Sto9V= 46.8 ( 40) W14dV= 47.4 ( 30) %Hi4 = 78.9 ( 12) 1-Dy = 90.3 ( 3) 50MA = 95.8 ( 33) 10MA = 91.0 ( 16) MACD is bearish and the trend is down but not as strongly as some others. Oversold stochastics. Watch for a reversal. 2> JDEC - EDWARDS J D & CO .DSO Price= 13.4 ( 61) VL/30= 355.1 ( 95) %Rnge= 80.0 ( 77) Sto9V= 45.3 ( 39) W14dV= 52.1 ( 45) %Hi4 = 93.8 ( 45) 1-Dy = 109.6 ( 95) 50MA = 100.4 ( 47) 10MA = 98.4 ( 36) MACD is now bullish and the trend is improving. JDEC is under accumulation.75 big blocks went through on Tuesday. 3> VSH - VISHAY INTERTECHNOLOGY INC .ECC Price= 19.8 ( 72) VL/30= 153.5 ( 85) %Rnge= 100.0 ( 99) Sto9V= 78.5 ( 74) W14dV= 71.6 ( 89) %Hi4 = 100.0 ( 99) 1-Dy = 110.1 ( 96) 50MA = 127.6 ( 91) 10MA = 111.4 ( 92) Nice stock earnings out on FRIDAY. Trend is very strong. and VSH is under accumulation. Relative strength is bullish as well. Stock has broken through its 10 moving average on pretty strong volume. It also had a double top point & figure breakout yesterday. 4> AEIC - AIR EXPRESS INTL CORP .TFF Price= 23.9 ( 78) VL/30= 56.7 ( 53) %Rnge= 100.0 ( 99) Sto9V= 77.5 ( 72) W14dV= 69.3 ( 86) %Hi4 = 100.0 ( 99) 1-Dy = 106.1 ( 92) 50MA = 131.4 ( 92) 10MA = 106.3 ( 84) Another nice one that is reporting tomorrow. Very strong uptrend could have another "pop" tomorrow. Closed at its day high and a new 3 month high. Lower than average volume. MACD breakout 5> FOSL - FOSSIL INC .JSW Price= 33.8 ( 86) VL/30= 130.0 ( 81) %Rnge= 100.0 ( 99) Sto9V= 84.4 ( 81) W14dV= 68.9 ( 85) %Hi4 = 100.0 ( 99) 1-Dy = 103.0 ( 86) 50MA = 107.7 ( 66) 10MA = 110.1 ( 90) New 4 week high, earnings out tomorrow. Was a good earnings play last quarter. 6> CACS - CARRIER ACCESS CORP .TES * this could a buying opportunity Price= 36.1 ( 87) VL/30= 830.4 ( 98) %Rnge= 18.0 ( 33) Sto9V= 5.9 ( 8) W14dV= 31.8 ( 5) %Hi4 = 51.9 ( 1) 1-Dy = 78.1 ( 0) 50MA = 66.4 ( 12) 10MA = 64.7 ( 10) CACS was down quite a bit on Tuesday, to a new 13 week low. Started to make a small recovery already, could have a bounce back tomorrow. Previously a very strong stock with good outlook. The revenue growth and EPS growth both quarter over quarter and year over year are in the 200% to 300% range. 7> MCHP - MICROCHIP TECHNOLOGY INC .DCO Price= 38.3 ( 88) VL/30= 293.9 ( 94) %Rnge= 74.0 ( 74) Sto9V= 49.4 ( 43) W14dV= 60.8 ( 70) %Hi4 = 100.0 ( 99) 1-Dy = 108.8 ( 95) 50MA = 112.8 ( 76) 10MA = 105.8 ( 82) 8> ALGX - ALLEGIANCE TELECOM INC .TES * Another possible buying opportunity Price= 47.4 ( 91) VL/30= 75.7 ( 62) %Rnge= 22.0 ( 37) Sto9V= 32.9 ( 27) W14dV= 60.2 ( 68) %Hi4 = 84.7 ( 20) 1-Dy = 102.0 ( 82) 50MA = 141.9 ( 95) 10MA = 95.9 ( 25) Another good one here in a very strong uptrend All indicators are bullish. Could be an opportunity to buy a stock that has dropped below its 10 day moving average on low volume. As the volume picks up, the stock should break through its 10 MA once again. Oversold stochastic On of the best perforning stocks in the telecommunications sector. Has rarely pulled back. 9> LIN - LINENS N THINGS INC .RSP Price= 50.3 ( 92) VL/30= 203.3 ( 89) %Rnge= 45.0 ( 53) Sto9V= 89.0 ( 86) W14dV= 64.9 ( 79) %Hi4 = 100.0 ( 99) 1-Dy = 103.4 ( 87) 50MA = 117.4 ( 82) 10MA = 111.4 ( 92) Nice upward trend here. Stochastics overbought, 2 points away from its 52 week high. 10> MINE - MININGCO COM INC .DSE Price= 58.8 ( 94) VL/30= N/A ( ) %Rnge= 0.0 ( 24) Sto9V= 43.0 ( 37) W14dV= N/A ( ) %Hi4 = 66.3 ( 4) 1-Dy = 91.1 ( 4) 50MA = N/A ( ) 10MA = 89.2 ( 15) Stock reported a loss of $0.91 instead of $ 1.08.. but of course it could have no meaning. 11> *TBFC - TELEBANC FINL CORP .BSL Price= 90.0 ( 96) VL/30= 119.0 ( 78) %Rnge= 6.0 ( 25) Sto9V= 35.3 ( 30) W14dV= 48.0 ( 32) %Hi4 = 64.0 ( 3) 1-Dy = 82.8 ( 1) 50MA = 119.0 ( 84) 10MA = 84.7 ( 12) What can we say about this one? It has to rebound, it has one of the best earnings reports in the entire sector. The question is, WHEN? ________________________________________________________ ___*Rest assured that the group, along with the rest of the Internet stocks, will come back strong in due time to retest old highs as far away as they may now seem. Aiding the buyers will be the fact that all three Internet Banking stocks are scheduled to split this month, which should attract renewed interest Oh yeah, a more important but oft overlooked factor for Internet stocks - earnings, orlack thereof. SONE and TBFC both reported stellar earnings this morning, further validating the bright outlook for Internet Banking into the next millennium. Both companies beat their respective estimates by 50%, and Telebanc actually posted positive earnings of $0.12/share. SONE reported a $0.13/share loss, but has shown dramatic improvements in earnings over the past four quarters