Ed Bugos Profiles the Following Stock: HPQ.Business Editors CHICAGO--(BUSINESS WIRE)--Nov. 27, 2002 While the market seems indecisive in·de·ci·sive adj. 1. Prone to or characterized by indecision; irresolute: an indecisive manager. 2. Inconclusive: an indecisive contest; an indecisive battle. in its movements, Ed Bugos uses technical and forward-looking analysis to uncover the true motivators behind activity. Save yourself from the next bear trap Bear Trap A false signal that the rising trend of a stock or index has reversed when it has not. Notes: This can occur during a bear market reversal when short sellers believe the markets will sink back to its declining ways. and use this Pro's insight and take on Hewlett Packard (NYSE NYSE See: New York Stock Exchange :HPQ HPQ Hewlett-Packard Corporation (NYSE) HPQ High Priority Queue ) to sharpen your understanding of the markets. http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: Amateur investors The term Amateur investor is often quoted in the UK press as a term of derision, indicating one who invests blindly or is influenced by romantic notions rather than hard facts. will point to the closest news to explain any market move, and so the fact that the media was all over the bullish Philadelphia Fed Survey and jobless claims Initial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. This report tracks how many people have filed for unemployment benefits in the previous week. It is a good gauge of the U.S. job market. as explaining last Thursday's break out in the Nasdaq is not surprising. The bulls have been coming back and they're looking to pin it on any good news. Bugos' read is that the market is still overrun by confident bulls. If Bugos wanted to pin a driver on the market, the Nasdaq chart suggests he should be looking at the tech sector, and in fact, Hewlett Packard's (NYSE:HPQ) shares leapt on news that it actually earned profit on a 9% sequential rise in sales. The news was probably luke warm for long-term shareholders, but it was amplified because the stock has almost doubled since mid October. The most bullish headlines were printed. Bugos thinks the correlation between reported economic aggregates and earnings is not as direct as others do, which means that any indication of a pick up in economic indicators Economic indicators The key statistics of the economy that reveal the direction the economy is heading in; for example, the unemployment rate and the inflation rate. are no reason for bulls to get giddy, and that therefore, their giddiness is a sign of unwarranted bullish sentiment if it appears... something to sell into perhaps. Discover what Ed Bugos thinks is really driving this market, and find out whether we're falling into a bull trap Bull Trap A false signal indicating that a declining trend in a stock or index has reversed and heading upwards when, in fact, the security will continue to decline. Notes: or a bear trap, 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 See Internet e-mail service. 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