From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1053 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 Sunday, November 26 2000 Volume 02 : Number 1053 In this issue: [CANSLIM] Vanguard Economic Week in Review: November 20-24, 2000 [CANSLIM] Fwd: Web Site Updated RE: [CANSLIM] biotech list please RE: [CANSLIM] biotech list please Re: [CANSLIM] biotech list please Re: [CANSLIM] biotech list please Re: [CANSLIM] biotech list please [CANSLIM] Re: IBD Top Sales & Earnings Lists RE: [CANSLIM] biotech list please Re: [CANSLIM] cyclical biotechs Re: [CANSLIM] biotech list please ---------------------------------------------------------------------- Date: Sat, 25 Nov 2000 10:23:50 -0800 From: han.26@osu.edu Subject: [CANSLIM] Vanguard Economic Week in Review: November 20-24, 2000 Vanguard Economic Week in Review: November 20-24, 2000 Our Thanksgiving meals are now leftovers. And speaking of leftovers-- the election of our nation's 43rd chief executive is still not finished. Amid the political uncertainty, the stock market couldn't muster much holiday cheer. For the week, the S&P 500 Index slid 1.9% to 1,342, while the technology-heavy Nasdaq Composite Index declined 4.1% to 2,904. The Nasdaq is now 43% off its all-time high, reached on March 10. The yield of the 10-year U.S. Treasury note, which moves in the opposite direction from its price, fell 6 basis points to 5.63% (as of 1:30 p.m. Friday). Spurred by higher oil prices and weaker demand for U.S. goods overseas, the U.S. trade deficit hit a record $34.3 billion in September, the Commerce Department said Tuesday. The deficit is the difference between the values of the nation's imports ($126.6 billion during the month) and its exports ($92.3 billion). Through September, the trade gap is $270.2 billion--43% wider than it was after the first nine months of 1999. In part, the widening reflects the fact that the U.S. economy has been growing faster and pulling in more imported products than foreign economies. Also, the strengthening of the U.S. dollar, especially versus the euro, has made U.S. goods costlier, which crimps exports. There were 336,000 new claims for unemployment benefits during the week ended November 18, according to the Labor Department. The higher-than- expected figure--which resulted in a fifth consecutive rise in the four-week moving average number of new claims, to 331,000--reflects a weaker job market. The number of initial jobless claims filed for the year to date is about 10% higher than during the same period of 1999. A slower job market could ease the Federal Reserve Board's concern that scarce workers and higher wages will push up inflation. The calendar of economic reports due next week is crowded. Economic observers may be particularly interested in the second reading of third-quarter gross domestic product (due Wednesday) and the level of personal income and spending in October (Thursday). Other reports will detail existing-home sales (Monday), consumer confidence and durable- goods orders (both Tuesday), and construction spending and the NAPM Index (both Friday). Summary of Major Economic Reports: November 20-24, 2000 - ----------------------------------------------------------------------- |Date Report Actual Expected 10-Year S&P 500 | | Value Value Note Yield Index | |---------------------------------------------------------------------| |November 20 -3 bp -1.8% | |---------------------------------------------------------------------| |November 21 U.S. Trade -$34.3 -$30.6 No change +0.3% | | Balance (September) billion billion | |---------------------------------------------------------------------| |November 22 Initial Jobless 336,000 320,000 -4 bp -1.9% | | Claims (11/18) | |---------------------------------------------------------------------| |November 23 Thanksgiving | | Day--U.S. | | financial | | markets closed. | |---------------------------------------------------------------------| |November 24 +1 bp +1.5% | |---------------------------------------------------------------------| | Weekly -6 bp -1.9% | | Change | - ----------------------------------------------------------------------- bp = basis points. Note: The economic statistics presented in this report are subject to revision by the agencies that issue them. "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 - - ------------------------------ Date: 25 Nov 2000 09:26:27 -0800 From: "Tim Fisher" Subject: [CANSLIM] Fwd: Web Site Updated >Ianforum.com - http://www.ianforum.com > >www.ianforum.com/markets.htm > >The Nasdaq lost another 120 points last week to close well below critical >support. The moving averages are showing no signs of turning up, and the >200 DMA is accelerating to the downside. > >A ray of hope occured Friday when bargain hunters opened the Nasdaq >higher, and did not follow their recent pattern of taking profits in the >afternoon. Additional positives on Friday were the up to down volume of >over 2 to 1 along with advancing issues leading declining issues by the >same margin. The Bulls were in control all day, but the lack of volume >makes the rally suspect. Additionally, the Friday after Thanksgiving is >normally an up day on Wall Street. > >The Nasdaq needs several up days on good volume before this Bear Market >has formed a bottom. Major resistance is at the 3050 area, and the down >trendline will not be broken until the Nasdaq breaks through the 3250 area >on decent volume. There is no question that the market is deeply >oversold, but being oversold does not mean it is going to turn up for a >sustainable rally.. > >The froth which was a huge contributing factor to the blowoff top we saw >last March has been totally removed from the Internet stocks . Take a >look at YHOO, AMZN, EBAY, CMGI, SFE, NBCI, TSCM, or any other stock in the >Internet sector. They were run up way beyond any sense of rational >valuation due to speculation, and hype from analysts who do not have a >clue, yet are paid millions of dollars annually to entice the unwary into >stocks which have no chance of sustaining or justifying their valuations. >This is why it is crucial to do your own analysis using tools like IRL and >QP2, and to act accordingly at the appropriate time. As the old saying >goes, nobody cares about your money as much as you do. > >In the bottom chart, the both Accumulation/Distribution Indicators are >below the 0 line but are showing signs of turning up. The MACD is on a >sell signal, but is trying to bottom. > >I am traveling for the next week, so my updates are limited to the Nasdaq, >Market RS, and Group Strength. > >Have a good week. > >Ron Tim Fisher, 1995 President, Pacific Fishery Biologists Ore-ROCK-On Rockhounding Web Site PFB Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - ------------------------------ Date: Sat, 25 Nov 2000 11:15:52 -0700 From: "Dan Sutton" Subject: RE: [CANSLIM] biotech list please I can't vouch for how complete this list is, but using QP2 this morning I found the following stocks with Relative strength greater than 80 and EPS rank greater than 80 listed in the Health-Biomed/Genetics group: ASTM ABGX ARIA CELG IMNX IMMU PCOP SCLN - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman Sent: Friday, November 24, 2000 4:10 PM To: CANSLIM Subject: [CANSLIM] biotech list please Would someone please generate a list of biotech stocks at 80 - 80 BBB please? Thanks Kent - - - - ------------------------------ Date: Sat, 25 Nov 2000 11:50:50 -0700 From: Earl Setser Subject: RE: [CANSLIM] biotech list please This is interesting in that it's very different from stocks on my list. In fact, not a single stock is common. I took a quick look at DGO to check on these stocks. My comments are in the list beside your recommendation. In general, it looks like the QP2 EPS and RS numbers are based on a different formula than IBD, so the lists are very different. I didn't want to answer (at least not first) since my list is not all-inclusive or necesarrily up-to-date, but here are the stocks in the group that I have been watching that still meet the criteria. I had a total of 7 stocks in my database, but only 3 of these are above 80/80 right now. (The RPS has fallen on 3 of them, and the EPS was 77 on the other.) GENZ - EPS/RPS of 93/94 TECH - EPS/RPS of 97/87 IVGN - EPS/RPS of 80/95 In order to get a full list, it would require going through the full industry group list and checking IBD rankings for each stock (and I have not done this). I don't know of any easier way to do it right now. At 11:15 AM 11/25/00 -0700, you wrote: >I can't vouch for how complete this list is, but using QP2 this morning I >found the following stocks with Relative strength greater than 80 and EPS >rank greater than 80 listed in the Health-Biomed/Genetics group: EPS/RPS added from DGO 11/25 >ASTM - EPS/RPS of 56/36 >ABGX - EPS/RPS of 64/97 >ARIA - EPS/RPS of 50/98 >CELG - EPS/RPS of 54/94 >IMNX - EPS/RPS of 74/70 >IMMU - EPS/RPS of 45/99 >PCOP - EPS/RPS of 78/36 >SCLN - EPS/RPS of 53/40 > > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman >Sent: Friday, November 24, 2000 4:10 PM >To: CANSLIM >Subject: [CANSLIM] biotech list please > > >Would someone please generate a list of biotech stocks at 80 - 80 BBB >please? > >Thanks >Kent > >- > > > >- > > > - - ------------------------------ Date: Sat, 25 Nov 2000 14:06:25 -0500 From: "John Hobbs" Subject: Re: [CANSLIM] biotech list please Here's a list up in price > 30 % over the last 30 days. 85 95 A B B SERO 86 99 B B B CRY 93 94 A A B GENZ 80 95 A A A IVGN 97 99 A A B AMRI 95 68 A B B CHIR 97 87 A A B TECH > ASTM > ABGX > ARIA > CELG > IMNX > IMMU > PCOP > SCLN > > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman > Sent: Friday, November 24, 2000 4:10 PM > To: CANSLIM > Subject: [CANSLIM] biotech list please > > > Would someone please generate a list of biotech stocks at 80 - 80 BBB > please? > > Thanks > Kent > > - > > > > - > - - ------------------------------ Date: Sat, 25 Nov 2000 14:15:19 -0500 From: "John Hobbs" Subject: Re: [CANSLIM] biotech list please Whoops, except TECH - ----- Original Message ----- From: "John Hobbs" To: Sent: Saturday, November 25, 2000 2:06 PM Subject: Re: [CANSLIM] biotech list please > Here's a list up in price > 30 % over the last 30 days. > > 85 95 A B B > SERO > 86 99 B B B > CRY > 93 94 A A B > GENZ > 80 95 A A A > IVGN > 97 99 A A B > AMRI > 95 68 A B B > CHIR > 97 87 A A B > TECH > > > > ASTM > > ABGX > > ARIA > > CELG > > IMNX > > IMMU > > PCOP > > SCLN > > > > > > -----Original Message----- > > From: owner-canslim@lists.xmission.com > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman > > Sent: Friday, November 24, 2000 4:10 PM > > To: CANSLIM > > Subject: [CANSLIM] biotech list please > > > > > > Would someone please generate a list of biotech stocks at 80 - 80 BBB > > please? > > > > Thanks > > Kent > > > > - > > > > > > > > - > > > > > - > - - ------------------------------ Date: Sat, 25 Nov 2000 15:19:19 -0600 From: Kent Norman Subject: Re: [CANSLIM] biotech list please Thanks to Dan, Earl and John Kent John Hobbs wrote: > > Whoops, except TECH > > ----- Original Message ----- > From: "John Hobbs" > To: > Sent: Saturday, November 25, 2000 2:06 PM > Subject: Re: [CANSLIM] biotech list please > > > Here's a list up in price > 30 % over the last 30 days. > > > > 85 95 A B B > > SERO > > 86 99 B B B > > CRY > > 93 94 A A B > > GENZ > > 80 95 A A A > > IVGN > > 97 99 A A B > > AMRI > > 95 68 A B B > > CHIR > > 97 87 A A B > > TECH > > > > > > > ASTM > > > ABGX > > > ARIA > > > CELG > > > IMNX > > > IMMU > > > PCOP > > > SCLN > > > > > > > > > -----Original Message----- > > > From: owner-canslim@lists.xmission.com > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman > > > Sent: Friday, November 24, 2000 4:10 PM > > > To: CANSLIM > > > Subject: [CANSLIM] biotech list please > > > > > > > > > Would someone please generate a list of biotech stocks at 80 - 80 BBB > > > please? > > > > > > Thanks > > > Kent > > > > > > - > > > > > > > > > > > > - > > > > > > > > > - > > > > - - - ------------------------------ Date: Sat, 25 Nov 2000 14:06:55 -0800 From: Harvey Brion Subject: [CANSLIM] Re: IBD Top Sales & Earnings Lists > FWIW, I'm doing a cross check between IBD's 300 top sales companies > (11/14) and 116 top earnings companies (11/21). So far, three > companies appear in the top 50 of each list: > Sym Sales Earnings > SEBL #18 #13 > CHKP #36 #4 > CTSH #49 #29 > Of course, these need to be reviewed further against other investment > criteria. When I'm finished, I'll post results, as well as the two > IBD lists in delimited form. > > >> >> Date: Thu, 23 Nov 2000 19:49:28 -0700 >> From: Earl Setser >> Subject: Re: [CANSLIM] So quite >> >> [snip] >> >> BTW, anyone else see the "best 160 growth stocks" article in IBD >> this week. >> I plan to review each one of these to see what fits my criteria and >> may >> even put a few extra in my leaders list if they are close. >> > - - ------------------------------ Date: Sat, 25 Nov 2000 16:20:02 -0700 From: "Dan Sutton" Subject: RE: [CANSLIM] biotech list please Earl, You are right, there should be more matches even though the data comes from different sources. Since I recently had to reinstall QP2, I thought maybe I hadn't updated some data or filter. I re-downloaded the QP2 data and did a sort for the Biotechs again, and apparently was running old info. After once again validating for current info, the list for Biotechs above an EPS and RS rank of 80 (QP2 data), the list is as follows: ASTM ABGX ARIA AIMM CELG ENZN GENZ IMNX IMMU MAGN ONXX PCOP SCLN SYBB TECH TXB Is this any closer to yours? - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Earl Setser Sent: Saturday, November 25, 2000 11:51 AM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] biotech list please This is interesting in that it's very different from stocks on my list. In fact, not a single stock is common. I took a quick look at DGO to check on these stocks. My comments are in the list beside your recommendation. In general, it looks like the QP2 EPS and RS numbers are based on a different formula than IBD, so the lists are very different. I didn't want to answer (at least not first) since my list is not all-inclusive or necesarrily up-to-date, but here are the stocks in the group that I have been watching that still meet the criteria. I had a total of 7 stocks in my database, but only 3 of these are above 80/80 right now. (The RPS has fallen on 3 of them, and the EPS was 77 on the other.) GENZ - EPS/RPS of 93/94 TECH - EPS/RPS of 97/87 IVGN - EPS/RPS of 80/95 In order to get a full list, it would require going through the full industry group list and checking IBD rankings for each stock (and I have not done this). I don't know of any easier way to do it right now. At 11:15 AM 11/25/00 -0700, you wrote: >I can't vouch for how complete this list is, but using QP2 this morning I >found the following stocks with Relative strength greater than 80 and EPS >rank greater than 80 listed in the Health-Biomed/Genetics group: EPS/RPS added from DGO 11/25 >ASTM - EPS/RPS of 56/36 >ABGX - EPS/RPS of 64/97 >ARIA - EPS/RPS of 50/98 >CELG - EPS/RPS of 54/94 >IMNX - EPS/RPS of 74/70 >IMMU - EPS/RPS of 45/99 >PCOP - EPS/RPS of 78/36 >SCLN - EPS/RPS of 53/40 > > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman >Sent: Friday, November 24, 2000 4:10 PM >To: CANSLIM >Subject: [CANSLIM] biotech list please > > >Would someone please generate a list of biotech stocks at 80 - 80 BBB >please? > >Thanks >Kent > >- > > > >- > > > - - - - ------------------------------ Date: Sat, 25 Nov 2000 17:43:17 -0600 From: Kent Norman Subject: Re: [CANSLIM] cyclical biotechs For what its worth, I noticed a 2 month cycle on CELG (since March), and IMMU (since June).... Kent Dan Sutton wrote: > > Earl, > You are right, there should be more matches even though the data comes from > different sources. Since I recently had to reinstall QP2, I thought maybe I > hadn't updated some data or filter. I re-downloaded the QP2 data and did a > sort for the Biotechs again, and apparently was running old info. After once > again validating for current info, the list for Biotechs above an EPS and RS > rank of 80 (QP2 data), the list is as follows: > > ASTM > ABGX > ARIA > AIMM > CELG > ENZN > GENZ > IMNX > IMMU > MAGN > ONXX > PCOP > SCLN > SYBB > TECH > TXB > > Is this any closer to yours? > > -----Original Message----- > From: owner-canslim@lists.xmission.com > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Earl Setser > Sent: Saturday, November 25, 2000 11:51 AM > To: canslim@lists.xmission.com > Subject: RE: [CANSLIM] biotech list please > > This is interesting in that it's very different from stocks on my list. In > fact, not a single stock is common. I took a quick look at DGO to check on > these stocks. My comments are in the list beside your recommendation. In > general, it looks like the QP2 EPS and RS numbers are based on a different > formula than IBD, so the lists are very different. > > I didn't want to answer (at least not first) since my list is not > all-inclusive or necesarrily up-to-date, but here are the stocks in the > group that I have been watching that still meet the criteria. I had a > total of 7 stocks in my database, but only 3 of these are above 80/80 right > now. (The RPS has fallen on 3 of them, and the EPS was 77 on the other.) > > GENZ - EPS/RPS of 93/94 > TECH - EPS/RPS of 97/87 > IVGN - EPS/RPS of 80/95 > > In order to get a full list, it would require going through the full > industry group list and checking IBD rankings for each stock (and I have > not done this). I don't know of any easier way to do it right now. > > At 11:15 AM 11/25/00 -0700, you wrote: > >I can't vouch for how complete this list is, but using QP2 this morning I > >found the following stocks with Relative strength greater than 80 and EPS > >rank greater than 80 listed in the Health-Biomed/Genetics group: > > EPS/RPS added from DGO 11/25 > > >ASTM - EPS/RPS of 56/36 > >ABGX - EPS/RPS of 64/97 > >ARIA - EPS/RPS of 50/98 > >CELG - EPS/RPS of 54/94 > >IMNX - EPS/RPS of 74/70 > >IMMU - EPS/RPS of 45/99 > >PCOP - EPS/RPS of 78/36 > >SCLN - EPS/RPS of 53/40 > > > > > >-----Original Message----- > >From: owner-canslim@lists.xmission.com > >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman > >Sent: Friday, November 24, 2000 4:10 PM > >To: CANSLIM > >Subject: [CANSLIM] biotech list please > > > > > >Would someone please generate a list of biotech stocks at 80 - 80 BBB > >please? > > > >Thanks > >Kent > > > >- > > > > > > > >- > > > > > > > > - > > - - - ------------------------------ Date: Sun, 26 Nov 2000 11:34:11 -0500 From: "Tom Worley" Subject: Re: [CANSLIM] biotech list please Hi Earl, For those with Daily Graphs Online, the easiest way to get a look at an entire sector, or industry group, is to download the Index to Daily Graphs Books from the Reports button. You can then sort by industry, and if you have Excel you can export and sub-sort by RS, EPS, etc. I have created an Excel spreadsheet for the entire Medical sector (since there are several industry groups that some may consider "biotech") and it is now available (thanks to Jeff's kind assistance) at ftp://ftp.xmission.com/pub/users/m/mcjathan/canslim/Med112400.xls I have not sub-sorted any of the groups, I leave that up to anyone interested in biotechs. Tom Worley stkguru@netside.net ICQ # 5568838 - ----- Original Message ----- From: Earl Setser To: Sent: Saturday, November 25, 2000 1:50 PM Subject: RE: [CANSLIM] biotech list please This is interesting in that it's very different from stocks on my list. In fact, not a single stock is common. I took a quick look at DGO to check on these stocks. My comments are in the list beside your recommendation. In general, it looks like the QP2 EPS and RS numbers are based on a different formula than IBD, so the lists are very different. I didn't want to answer (at least not first) since my list is not all-inclusive or necesarrily up-to-date, but here are the stocks in the group that I have been watching that still meet the criteria. I had a total of 7 stocks in my database, but only 3 of these are above 80/80 right now. (The RPS has fallen on 3 of them, and the EPS was 77 on the other.) GENZ - EPS/RPS of 93/94 TECH - EPS/RPS of 97/87 IVGN - EPS/RPS of 80/95 In order to get a full list, it would require going through the full industry group list and checking IBD rankings for each stock (and I have not done this). I don't know of any easier way to do it right now. At 11:15 AM 11/25/00 -0700, you wrote: >I can't vouch for how complete this list is, but using QP2 this morning I >found the following stocks with Relative strength greater than 80 and EPS >rank greater than 80 listed in the Health-Biomed/Genetics group: EPS/RPS added from DGO 11/25 >ASTM - EPS/RPS of 56/36 >ABGX - EPS/RPS of 64/97 >ARIA - EPS/RPS of 50/98 >CELG - EPS/RPS of 54/94 >IMNX - EPS/RPS of 74/70 >IMMU - EPS/RPS of 45/99 >PCOP - EPS/RPS of 78/36 >SCLN - EPS/RPS of 53/40 > > >-----Original Message----- >From: owner-canslim@lists.xmission.com >[mailto:owner-canslim@lists.xmission.com]On Behalf Of Kent Norman >Sent: Friday, November 24, 2000 4:10 PM >To: CANSLIM >Subject: [CANSLIM] biotech list please > > >Would someone please generate a list of biotech stocks at 80 - 80 BBB >please? > >Thanks >Kent > >- > > > >- > > > - - - - ------------------------------ End of canslim-digest V2 #1053 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. 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