From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1027 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Tuesday, October 17 2000 Volume 02 : Number 1027 In this issue: [CANSLIM] Vanguard Economic week in review [CANSLIM] Watch lists etc. Re: [CANSLIM] Industry Group and Ticker Symbol Index ---------------------------------------------------------------------- Date: Mon, 16 Oct 2000 13:07:13 -0700 From: han.26@osu.edu Subject: [CANSLIM] Vanguard Economic week in review The most recent Economic Week in Review can be found below. The report is best viewed by setting your browser to a mono-spaced font such as 10-point Courier. Economic Week in Review: October 9-13, 2000 The bull market didn't exactly stampede into its tenth anniversary, but instead looked positively sheepish amid surging oil prices, disappointing corporate earnings, and sinking share prices. And while U.S. stocks rallied for the first time in seven sessions on Friday, it was still a rough week for the financial markets. The S&P 500 Index rose on Friday, but fell 2.6% to 1,374 for the week. The Dow Jones Industrial Average ended the week on an up note, a day after a surprise earnings warning from Dow component Home Depot caused the average to suffer its steepest drop since March. On Friday, one day after falling to its lowest level of the year, the Nasdaq Composite Index posted its second-biggest gain on record. And the threat of war in the Middle East left oil prices, which surged to nearly ten-year highs Thursday, at $35.10 a barrel. The yield of the 10-year U.S. Treasury note fell 11 basis points to 5.70% (as of 4:30 p.m. Friday). The Producer Price Index--a measure of inflation at the wholesale level--rose 0.9% in September, almost doubling analysts' prediction of a 0.5% increase. Much of the jump was due to rising energy prices. The "core" PPI--which excludes the often-volatile food and energy prices-- rose 0.3%, an increase over August's 0.1% figure. The PPI is 3.3% higher than in September 1999, with the core PPI up 1.2% for the same period. These strong numbers could trigger inflation concerns since rising prices at the wholesale level may force companies to raise prices for consumers. Retail sales rose a strong 0.9% in September, which was higher than expected. Estimates of sales for August and July were revised downward, however, slightly offsetting September's gain. Durable-goods sales were solid, with strong auto sales and a steady demand for "durable" home furnishings, (i.e., items lasting three years or more). Sales of nondurable goods were also strong, especially drugstore and restaurant sales. The number of Americans filing new claims for unemployment insurance benefits rose slightly to 306,000 during the week ended October 7 from a revised 301,000 the week before, the Labor Department said. The four- week moving average of initial claims, which smoothes out weekly fluctuations, declined slightly to 302,000. In all, the report indicated a relatively steady and strong job market. Wholesale inventories rose in August for the 19th straight month, according to the Commerce Department. The 0.6% rise in the value of products in wholesalers' stockpiles exceeded the 0.3% increase in wholesalers' sales during the month. If increases in inventories outstrip sales growth for an extended period, orders for new goods could be cut back. However, the August inventory/sales ratio--a measure of how long inventories would last at the current sales pace--held steady at the moderate level of 1.3 months. Economic reports scheduled for the week of October 16 include business inventories (Monday), industrial production (Tuesday), housing starts and the Consumer Price Index (Wednesday), and international trade (Thursday). Summary of Major Economic Reports: October 9-13, 2000 - ----------------------------------------------------------------------- |Date Report Actual Expected 10-Year S&P 500 | | Value Value Note Yield Index | |---------------------------------------------------------------------| |October 9 Columbus -- -0.5% | | Day--U.S. | | bond market | | closed. | |---------------------------------------------------------------------| |October 10 -1 bp -1.1% | |---------------------------------------------------------------------| |October 11 Wholesale +0.6% +0.5% -3 bp -1.6% | | Trade (August) | |---------------------------------------------------------------------| |October 12 Initial Jobless 306,000 305,000 -7 bp -2.6% | | Claims (10/7) | |---------------------------------------------------------------------| |October 13 Producer +0.9% +0.5% | | Price Index | | (September) | |---------------------------------------------------------------------| | PPI, except +0.3% +0.2% | | food and | | energy (September) | |---------------------------------------------------------------------| | Retail Sales +0.9% +0.6% No Change +3.2% | | (September) | |---------------------------------------------------------------------| | Weekly -11 bp -2.6% | | Change | - ----------------------------------------------------------------------- bp = basis points. "Standard & Poor's(r)," "S&P(r)," "S&P 500(r)," "Standard & Poor's 500," and "500" are trademarks of The McGraw-Hill Companies, Inc. (c) 2000 Vanguard Marketing Corporation, Distributor " - -Jim getting-ready-for-the-apocalypse - - ------------------------------ Date: Mon, 16 Oct 2000 13:34:14 -0700 From: Tim Fisher Subject: [CANSLIM] Watch lists etc. Contrary to some opinions, I see plenty of quality stocks that have set in bases and are ready to breakout. Not many of them are techs. So what? When I joined this list 3 years ago there was scant talk about techs except the biggies i.e. INTC & MSFT. We were discussing oils, financials, insurance, all the groups now set to lead the next leg up. Even if it is a bear market rally (which I do not believe) coming up, CANSLIM can be used to trade it. There were a few bona fide breakouts today on volume; I bot one such, PENG. WLP is continuing its advance on vol, and PDII is doing great for someone with the guts to stay in after the volatility of last week. There are at least 10 more in the following list that have put in bases and are floating within a few percent of their highs. My current HGS watch list is chock full of nifty candidates: Stock E R G A/D SMR Growth Curr Earn Prev Earn Group PDII 98 99 99 A A 56 169 59 MEDDEN_SERV DGX 98 98 99 C B 63 58 62 MEDDEN_SERV IMPH 97 99 99 A B 45 36 64 MEDDEN_SERV ADVP 97 97 99 A A 68 32 60 MEDDEN_SERV AMRI 97 97 99 A A 156 52 53 MEDDEN_SERV CPN 99 96 98 B A 53 131 180 ENER_OTH RHB 97 98 98 A A 29 35 54 MED_OUTPAT PHCC 99 94 97 B A 63 43 68 MED_WDRUG ITWO 98 99 92 B A 52 233 800 COMPS_ENT NRG 96 95 98 B A 25 999 700 ENER_OTH MERQ 99 97 92 B A 54 75 83 COMPS_ENT NTAP 99 99 90 B A 79 125 133 COMP_MEM LAB 99 97 91 B A 328 325 999 FIN_BROKERS SEBL 98 97 92 C A 110 82 67 COMPS_ENT PENG 93 97 96 B A 14 170 182 O&G_USEXPL SCOR 95 94 97 B B 51 34 44 MED_WDRUG SHFL 97 95 94 B A 44 42 81 LEIS_GAMES BVF 96 94 94 A A 82 48 27 MED_ETH AES 95 90 98 C A 23 39 999 ENER_OTH CHP 97 96 89 C A 25 81 64 ELEC_MISC EMC 98 94 90 C A 37 46 50 COMP_MEM EVG 95 91 96 A A 25 100 140 O&G_USEXPL USPH 91 93 98 A A 17 53 46 MED_OUTPAT BRCD 84 98 99 B B NA 999 999 COMP_LANS MME 97 93 91 B C 60 73 57 MED_HMO MTH 98 95 88 A A 134 100 116 BUILD_RES AAS 86 97 97 A B 17 21 21 MED_WDRUG KP 87 97 96 A A 8 617 580 O&G_USEXPL ULCM 89 99 92 B - 9 300 200 COMPS_ENT WAT 96 95 89 B A 36 28 29 ELEC_MEASURE EDMC 93 96 90 A A 64 25 20 COMM_SCHOOL PENN 93 92 94 A B 14 135 999 LEIS_GAMES SLOT 90 95 94 A A 37 29 13 LEIS_GAMES TGH 95 93 91 C C 39 63 63 MED_HMO ELNT 91 99 88 B A 15 243 200 ELEC_SEMIMFG ADBE 92 93 92 B A 16 52 49 COMPS_ENT IFIN 97 98 82 B A 31 44 41 FIN_MISC NOC 94 91 92 A C 30 40 65 AERO_DEF NVR 99 90 88 B A 71 49 50 BUILD_RES TA 95 90 91 B B 32 25 173 FIN_BROKERS AZA 87 94 94 B A 19 33 7 MED_ETH ELN 93 88 94 B A 22 24 31 MED_ETH AVZ 96 94 84 B A 19 78 100 FIN_INVMGMT BLK 95 95 84 A A 86 28 30 FIN_INVMGMT DVN 88 90 96 B A NA 203 458 O&G_USEXPL CDIS 93 93 87 B A 38 28 43 O&F_FIELD FLEX 99 85 89 C A 94 95 50 ELEC_MISC SUNW 98 90 85 C A 31 63 44 COMP_MINIS APA 87 89 96 C A 9 325 999 O&G_USEXPL CI 95 86 91 B C 55 41 43 MED_HMO LLTC 95 89 88 B A 20 59 44 ELEC_SEMIMFG SPF 91 93 88 A A 91 28 4 BUILD_RES TARO 91 86 95 B B 21 38 75 MED_GEN CEFT 99 90 82 B A 47 40 50 FIN_MISC MXIM 95 87 88 B A 29 53 53 ELEC_SEMIMFG PHM 92 90 88 B A 42 35 6 BUILD_RES FII 96 89 84 B A 94 30 43 FIN_INVMGMT MFC 92 91 86 B B 23 24 21 INS_MISC THX 93 80 96 B A 18 167 999 O&G_USEXPL TOL 92 88 88 C A 20 25 27 BUILD_RES WBB 90 90 88 A A 15 31 30 BUILD_RES CECO 80 97 90 B B NA 189 110 COMM_SCHOOL COF 95 90 82 C A 28 32 31 FIN_MISC LEN 87 92 88 B A 31 25 2 BUILD_RES WGOV 87 95 85 A C 25 31 9 ELEC_CONTROL WLP 89 87 91 B B 15 26 18 MED_HMO IGT 83 89 94 B B 16 31 6 LEIS_GAMES XLNX 94 84 88 C A 18 80 69 ELEC_SEMIMFG BFAM 87 88 90 C B 21 25 27 COMM_SCHOOL BRO 90 93 81 A A 15 25 25 INS_BROKER MER 91 82 91 C A 19 28 65 FIN_BROKERS PMI 92 89 83 B A 16 33 39 INS_PROP DDIC 84 94 85 C - NA 999 367 ELEC_CONTROL GBL 91 88 84 B A 16 23 52 FIN_INVMGMT SUPX 81 94 88 B A -4 167 309 ELEC_SEMIMFG ABK 90 89 83 A A 18 26 18 INS_PROP KRB 95 85 82 B A 28 26 26 FIN_MISC RDN 96 82 83 B A 23 38 49 INS_PROP SRDX 83 98 80 B A 173 25 -21 MED_INST BELFA 83 90 86 B A 35 36 -15 ELEC_MCOMP BMET 88 88 80 A A 16 17 22 MED_INST HP 91 85 80 B C 19 54 80 O&G_DRILL MTG 93 80 83 B A 24 23 26 INS_PROP NE 85 91 80 C C 35 52 0 O&G_DRILL SJT 90 83 83 B - 16 40 92 O&G_USROYAL AFL 89 85 81 B B 15 26 21 INS_HEALTH AIG 85 84 83 B A 15 14 16 INS_PROP BEN 87 80 84 B B 16 18 27 FIN_INVMGMT MMC 87 83 81 B A 17 17 16 INS_BROKER Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - ------------------------------ Date: Tue, 17 Oct 2000 12:38:53 -0700 From: Harvey Brion Subject: Re: [CANSLIM] Industry Group and Ticker Symbol Index I think it's published twice a year and IBD usually runs ads in the paper when a new one comes out. Does anyone who subscribes to DGO know if this information (list of stocks within an industry group) is available from DGO... maybe among the "reports" that I've heard about? Thanks, Harvey > Date: Sun, 15 Oct 2000 22:00:02 -0600 > From: Earl Setser > Subject: Re: [CANSLIM] Industry Group and Ticker Symbol Index > > I have it. I don't know exactly when or how often it gets published, but I > think it's either quarterly or semi-annually. Mine says Jan 2000, so maybe > it will be out this month? I'm sure you can call or email IBD and find out > when it will next be available (if it's not now). > > I find it useful in concert with the paper and/or IBD website for > researching specific industry groups. If a group comes up that I don't > have many candidates from (in my database), I can grab the book and do a > quick paper/web scan for potential candidates (I use 75 EPS and 80 RPS as > my general minimums to get onto the list.) > > I don't know of any other way to get the IBD group definitions. You can > get the top 5 RS stocks from any group (if you know one stock in it) with > DGO, but I would rather have the top 5 for EPS + RPS sum. I've also > noticed some groups (Computer Softwr-Enterprise and > Electrical-Semiconductor Mfg) have many, many potential CANSLIM buys, so > even the top 5 wouldn't be all I would want to see. > > I've also noticed that IBD seems to move the stocks around quite a bit. It > seems to be more noticable in the Tech groups where lines are often > blurring anyway. But I've noticed several stocks have changed groups since > I bought the book. A quick estimate says maybe 2% or so of the stocks > change groups each issue. > > At 04:11 PM 10/15/00 -0700, you wrote: > >Does anyone know when this is published? Has anyone ever bought this or know > >of a way to get the ticker symbols for the groups listed in the Daily > >Industry Prices? > > > >Thanks in Advance! - - ------------------------------ End of canslim-digest V2 #1027 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.