Adam Oliensis Highlights the Following Stocks: Wal-Mart, JCPenney, Applied Materials, Computer Sciences, Network Appliance, Sycamore Networks, and S&P 500 Index.Business Editors CHICAGO--(BUSINESS WIRE)--May 15, 2003 Adam Oliensis says the `buy on the dips` mentality remains intact - at least for now. Use this expert's technical market analysis to locate those opportunities and stay agile in an ever-changing market. Get information on Wal-Mart (NYSE NYSE See: New York Stock Exchange : WMT (Windows Media Technologies) See Windows Media. ), JCPenney (NYSE:JCP See Java Community Process. JCP - Java Community Process ), Applied Materials (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMAT AMAT Applied Materials (stock symbol) AMAT Average Memory Access Time AMAT Automatic Message Accounting Transmitter AMAT Anti-Materiel (bomb or mine) AMAT Ageing Management Assessment Team ), Computer Sciences Corporation (NYSE:CSC), Network Appliance (NASDAQ:NTAP NTAP Network Appliance, Inc. (stock symbol) NTAP Never Take Another Puff NTAP National Track Analysis Program NTAP Notices to Airmen Publication NTAP Windows NT Application Processors NTAP Naval Training Acquisition Process ), Sycamore Networks (NASDAQ:SCMR SCMR Supply Chain Management Review SCMR Society for Cardiovascular Magnetic Resonance SCMR Software Configuration Management Record SCMR Symmetrical Compact Microstrip Resonator SCMR Service Control Manager Remote ), and S&P 500 Index (CBOE CBOE See: Chicago Board Options Exchange CBOE See Chicago Board Options Exchange (CBOE). :SPX (Sequenced Packet EXchange) The transport layer protocol in the NetWare operating system. Similar to the TCP layer in TCP/IP, it ensures that the entire message arrives intact. SPX uses NetWare's IPX as its delivery mechanism. ). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: THE SQUAWK from May 13, 2003's Closing Bell On the earnings front Tuesday morning Wal-Mart (NYSE:WMT) and JCPenney (NYSE:JCP) did all right on their respective bottom lines (WMT met and JCP beat), however revenues and guidance were none too thrilling. Likewise after the close Applied Materials (NASDAQ:AMAT), Computer Sciences Corporation (NYSE:CSC), Network Appliance (NASDAQ:NTAP), and Sycamore Networks (NASDAQ:SCMR) all either met or beat estimates, but couldn't deliver prognoses that would generate any heat. To add tragic injury to insult, the bombings in Saudi Arabia probably took some additional starch out of the markets on Tuesday. However even with the less than scintillating scin·til·late v. scin·til·lat·ed, scin·til·lat·ing, scin·til·lates v.intr. 1. To throw off sparks; flash. 2. To sparkle or shine. See Synonyms at flash. 3. news on virtually all fronts the pullback on Tuesday was of the mildest sort. S&P 500 Index (CBOE:SPX): We had a small red candle from Tuesday on average volume. If that's a reversal candle (a harami) it's pretty inconclusive as it remained in the upper half of yesterday's candle. The uptrend shows no real sign of weakening on price, OVM, or on either Stochastic. If there's any weakening at all it's on overall volume over the past 4 days, which is lower than it was on the prior 7 days. Stay on your toes with daily market analysis from Adam Oliensis by clicking: http://featuredexpert3bw.zacks.com/ About Zacks Featured Experts To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Recommendations from Featured Experts Highlighted in FREE Investment Newsletter The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts in this free e-mail newsletter. Get your free subscription to "Profit from the Pros" at: http://www.freeprofit1bw.zacks.com About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1981 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://www.freeprofitbw.zacks.com Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion