Message-ID: <5198043.1075845214600.JavaMail.evans@thyme> Date: Thu, 31 May 2001 01:10:28 -0700 (PDT) From: editorial@mail.realtimetraders.com To: editorial@realtimetraders.com Subject: What can investors expect in the next few weeks? Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "RealTimeTraders.com" @ENRON X-To: Editorial@realtimetraders.com X-cc: X-bcc: X-Folder: \Lewis, Andrew H.\Lewis, Andrew H.\Deleted Items X-Origin: LEWIS-A X-FileName: Lewis, Andrew H..pst Dear Subscriber, please note that you are receiving this email because you have opted into our FREE daily market analysis newsletter. If you would like to be removed from our list, reply to this email with remove in the subject line. Thank you! May 31st, 2001 RealTimeTraders.com offers free real-time stock alerts throughout the day. Why pay for chat rooms and stock pickers for old news? Morning Watch List This section contains 6 stocks that are expected move in 1 to 5 days. Click here for this morning's Watch List Stocks: http://www.realtimetraders.com/marketinfo/watchlist.asp Beyond The Numbers Earnings worries drive indices below important support levels Wednesday was another bad day for the bulls. Just a couple of weeks ago the major averages managed to climb above their important resistance levels. In fact the Dow Jones index came very close to challenging its all time high. However, since then all the indices have lost considerable ground and now trading below their resistances. Wednesday the Dow lost 166 points to close at 10,872 and the counterpart Nasdaq Composite lost 91 points to close at 2,084. Why the change of heart? Tuesday we pointed out that Goldman Sachs was turning cautious and made some negative comments on two major technology names, Microsystems (SUNW) and EMC Corp. (EMC). Following Tuesday's closing bell Sun Microsystems said its earnings for the current quarter will be substantially below street estimates. Wednesday morning other major brokers either downgraded or cut estimates on some of the leading semiconductors stocks and said weaker demand and rise in inventory may lead to more weakness in stocks. Given these comments and the fact we are heading into the negative pre-announcement season, we expect the markets to turn defensive and investors may sell some of their stocks ahead of any negative news. Sector Analysis What can investors expect in the next few weeks? We believe the markets will continue be very volatile with technology stocks contributing to the downside. It is our opinion that the worst in terms of earnings warning may be behind us. However, there will be selective stocks from the PC related and seasonal sectors that may warn about their earnings. RealTimeTraders analysts expect the markets to trade in a range till the end of the quarter, mainly due to the uncertainty of the second quarter results. We encourage readers to closely watch the markets as a whole and the technology sector in particular for any signs of weakness. We will monitor the action in individual stocks and alert readers to any important developments. Economic Reports & Bond Markets Going into the last day of the month, traders will get to preview what the National Association of Purchasing Index will bring on the first day of June. According to economist Chicago Purchasers index is expected to register 39.9. New York Purchasers index is also expected to be released on Thursday. We will report the actual numbers and the market reaction to the numbers as soon as the report becomes available in our breaking news section. Market Breadth Wednesday's NYSE advance/decline reading was 1098/1962 Vs. Tuesday's reading of1409/1678 Wednesday's Nasdaq advance/decline reading was 1094/2765 Vs. Tuesday's reading of 1362/2476 New Highs and New Lows Wednesday's NYSE new high/lows was 82/37 Vs. Tuesday's reading of 142/28 Wednesday's Nasdaq new high/lows was 81/47 Vs. Tuesday's reading of 124/30 Important Market Moving News Visit our Before The Bell page -Http://www.realtimetraders.com/sp/beforethebell.asp for the most important news that may effect your portfolio. This page also provide information on stocks that are going to gap open higher/lower and the reasons if any. We also alert traders to the actively traded stocks before the bell. Upgrades / Downgrades / Coverage Initiations Click on the following link for today's upgrades.http://www.realtimetraders.com/marketinfo/g_minfo.asp?page=upgrades Click on the following link for today's downgrades.http://www.realtimetraders.com/marketinfo/g_minfo.asp?page=dngrades Click on the following link for today's new coverage initiationshttp://www.realtimetraders.com/marketinfo/g_minfo.asp?page=coverage Please remember that we will only be able to continue to offer our service FREE of charge and add other valuable content to our site if we have enough subscribers. So please pass the word around about our free services to your friends, colleagues, and family members. Also if you use any newsgroups, chat rooms or forums, we would greatly appreciate if you can post a message or two about our services. Thank you. Some of Today's Key Earnings Releases Click here for a complete list of today's earnings. http://www.realtimetraders.com/earnings/earnings.asp Company Name Expected earnings Symbol Costco Cos 0.23 COST Finisar 0.00 FNSR Flextronics NA FLEX FuelCell -0.36 FCEL Gerber Scientific -0.04 GRB Disclaimer All information provided in this email is for informational purposes only. RealTimeTraders.com obtains data from sources it believe to be reliable. RealTimeTraders.com nor its content providers guarantee the accuracy of the content. Although the opinions expressed here are based on sound judgement, experience, and research, no warranty is given or implied as to their true reliability. The responsibility for decisions made from information contained in this email lies solely with the individual making those decisions. RealTimeTraders.com DOES NOT offer investment advice. Consult your financial advisor for all your investment decisions. 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