Message-ID: <1348523.1075845221489.JavaMail.evans@thyme> Date: Tue, 5 Jun 2001 06:43:49 -0700 (PDT) From: editorial@mail.realtimetraders.com To: editorial@realtimetraders.com Subject: Markets awaiting for some news to take a direction 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! June 5th, 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 Markets awaiting for some news to take a direction Now that the markets have entered the confession season, traders and investors are hesitating to take any positions. It is important to note most of the analysts continue to express concern about the US economy and the quality of US corporate earnings. The cautious outlook and the uncertainty have led to range bound trading in the past few sessions. Monday all major indices finished the session slightly higher thanks to the strength in oil and energy stocks. Dow Jones added 71 points, Nasdaq Composite tacked on $6 1/2 points and the S&P 500 index finished the session higher by 6 points. Over the past 5 months the Federal Reserve has been aggressively lowering interest rates to boost the sagging US economy. However, according to some analysts the effects of 2 1/2 points cut is still far from reflecting in the immediate economic reports. Now that the US economy may be nearing a bottom, some analysts are concerned about the possibility of other economies around the globe starting to slowdown. These concerns are driving technology stocks further lower. Stocks to watch SPLX - Monday morning Simplex Solutions announced its has entered into an alliance with Numerical Technologies, Inc.(NMTC) to enable design-to- silicon support of the XArchitecture, a radical, new interconnect architecture based on the pervasive use of diagonal routing. Atul Sharan, senior vice president of marketing and business development of Numerical Technologies said "The X Architecture has the potential to be a ground-breaking technology". On this news the stock gained $10.20 or 36.4% and closed an all time high of $38.20. Note that RealTimeTraders.com alerted its readers to this stock at 12:14pm Monday when the stock was higher by only 3.27, and after our alert the stock gained almost 8 points. CMVT - After the close Comverse Technology, Inc. reported first-quarter sales increased by 36% to $365 million, and net income increased by 40% to $79 million, or $0.43 per share,which beat First Call estimates by a penny. On this news the stock traded higher by 1.70 from the closing pricing at $60.50. Sector Analysis Biotech stocks continue to shine This is one of the few sectors that have continued to trend higher since the markets bottomed in early April. In the past 2 months, this sector has gained over 30% and closed Monday's session at a 4-month high. Given that many of the biotech stocks are trading at or near their resistance levels, readers may want to continued to watch this sector for the next few sessions as they attempt to break through their resistances. Some of the standout stocks within this sector include Affymetrix Inc (AFFX - gained almost 5 points on Monday and closed at a two month high), Genzyme General (GENZ - closed Monday's session near its all time high) and Gilead Sciences Inc. (GILD - also closed near its all time high). Economic Reports & Bond Markets As expected the long bond traded in a narrow range on Monday and finished the session slightly higher. Tuesday Q1 Productivity and unit labor cost numbers will be released at 8:30AM, and Factory orders number will be released at 10AM. Market Breadth Monday's NYSE advance/decline reading was 1983/1091 Vs. Friday's reading of1810/1236 Monday's Nasdaq advance/decline reading was 2032/1787 Vs. Friday's reading of 2166/1598 New Highs and New Lows Monday's NYSE new high/lows was 161/22 Vs. Friday's reading of 104/23 Monday's Nasdaq new high/lows was 149/26 Vs. Friday's reading of 132/44 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 Albertson`s 0.45 ABS Elizabeth Arden -1.07 RDEN Stewart Enterprises 0.15 STEI 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. 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