Message-ID: <2093513.1075861162625.JavaMail.evans@thyme> Date: Mon, 19 Nov 2001 14:53:31 -0800 (PST) From: wscfeedback@wallstreetcity.com To: alewis@ect.enron.com Subject: Big Chart Update for the Week of November 19 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: WSC-Analysis @ENRON X-To: ALEWIS@ECT.ENRON.COM X-cc: X-bcc: X-Folder: \ALEWIS (Non-Privileged)\Lewis, Andrew H.\Deleted Items X-Origin: Lewis-A X-FileName: ALEWIS (Non-Privileged).pst Industry Group Analysis This Week: Big Chart Update for the Week of November 19 1. Introduction 2. Groups That Are Heating Up 3. Groups That Are Cooling Off 4. On The Radar Screen This Week 5. Disclaimer ***********************Our Sponsor************************* FREE ADT Home Security System Get this $599 value--free! Sign up today and receive one month of monitoring and installation at no extra charge! http://quinst.com/clk/kaimaideikyutenkyokisu *********************************************************** 1. Introduction This week, the Big Chart takes a holiday-focus with rise in the ranking of Food/Meat-Poultry {.FMP}. Also, oil prices have been dropping, which is good news for holiday travelers, but bad news for oil-related stocks - as is evidenced by the steep decline in rank for Energy/Oil-Gas {.OIL} and Energy/Oil-Gas/Refiner {.ORF}. Industry Group Analysis is just another of the many great reasons to be a subscriber to the WallStreetCity website. Besides great industry group analysis and incredible stock analysis, you also get access to the world's most powerful stock screening tool on the planet, ProSearch, all in one subcription package. However, we give you a 30-day FREE trial to this service to make sure it suits you, so give us a try. Click below to take a 30-day FREE trial. http://subs.wallstreetcity.com/c/go/XPRO/WSCE-bc111901?s=S601&D=XWSC ____________________________________________________________ 2. Groups That Are Heating Up Food/Meat-Poultry {.FMP} has been one of the hottest groups as of late, with several stock exhibiting short-term upward trends. The largest of these is Tyson Foods {TSN}, which has appreciated by 23 percent since October 26. Three separate trends are aiding the industry. First, cattle futures hit a 2-1/2 year last Monday, November 12, because the slowing economy and the sharp drop in business travel has hurt demand. Meat processors have responded by slaughtering fewer cattle and feedlot operators have cut back on purchases of young herds. Conversely, chicken prices rose throughout the summer as supply dropped and demand rose, partially because of the increased popularity of buffalo wings. Finally, a temporary ban on U.S. poultry by Japan and Korea was expected to be lifted late last week after no evidence of avian influenza virus was found on a Connecticut chicken farm, according to Bloomberg News. Beef and pork futures did begin to rebound late last week on anticipation that Americans would tire of turkey in the week's following the Thanksgiving holiday, thus causing higher demand for steaks and pork chops. Broadcasting {.BRO} has been making a sharp resurgence on the Big Chart during the past four weeks with its rank jumping from the 19th percentile to the 67th percentile. Expectations that the economy will turnaround next year is sparking buying interest in stocks such as Univision {UVN}, Fisher Communications {FSCI}, and Paxson Communications {PAX}. Also aiding these stocks is the travel slump, which will result in more people staying home this holiday weekend and therefore, watching television. On a related note, Ackerley Group {AK} rose after the FCC approved its pending merger with Clear Channel Communications {CCU}. Other groups with rising rankings include Building/Homebuilding {.BHO}, Computer/Computer Services {.DSE}, Electronics/Semiconductors {.ESE}, Finance/Securities {.SEC}, Retail/Stores/Department {.RDE}, Retail/Stores/Specialty {.RSP}, and Vehicles/Mobile-Modular Homes {.MOB}. To view the Big Chart click the link below. http://www.wallstreetcity.com/commentary/commentary_group_rotation.asp ____________________________________________________________ 3. Groups That Are Cooling Off Just in time for the holiday travel season, oil prices hit a 2-1/2 year low on Thursday, helping to cheapen prices at the pump. An inability among OPEC and non-OPEC nations to agree on production cuts caused oil prices to close on Thursday at $17.45. Oil prices did rise on Friday, however, over speculation that an agreement would be reached before the end of the year, but stocks in Energy/Oil-Gas {.OIL} and Energy/Oil-Gas/Refiner {.ORF} are still down notably. Evidence of this drop can be seen in the ranking of Energy/Oil-Gas, which fell from the 80th percentile to the 28th percentile in a matter of one week. Stocks affected include Vintage Petroleum {VPI}, Pioneer Natural Resources {PXD}, Noble Affiliates {NBL}, Apache {APA}, and Devon Energy {DVN}. Other groups with declining rankings include Banks/Savings & Loan {.BSL}, Chemicals/Agricultural {.CAG}, Drugs/Ethical {.DET}, Finance/Insurance/Life-Health {.ILH}, Food/Serving/Fast Foods {.FFF}, Machinery/Containers/Paper {.CPA}, and Vehicles/Auto Rental-Service {.ARS}. To view the Big Chart click the link below. http://www.wallstreetcity.com/commentary/commentary_group_rotation.asp ____________________________________________________________ 4. On The Radar Screen This Week The holiday shopping season starts in earnest this weekend with busiest days of the year for the retail industry. The two major questions that analysts will be looking for answers on are how heavy will traffic be and how dependent will stores be on promotional pricing to move merchandising. Most expected a heavier than average dependence on promotional pricing (good news for shoppers), but better than expected store traffic could send retailing stocks higher. Investors may to note that expectations over an economic turnaround have already resulted in buying pressure among stocks in Retail/Stores/Department {.RDE} and Retail/Stores/Specialty {.RSP} during the past few weeks. To view the Big Chart click the link below. http://www.wallstreetcity.com/commentary/commentary_group_rotation.asp ***********************Our Sponsor************************* FIVE Recent +100% GAINS! Profits in Bull AND Bear Markets! 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