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Industry Calls Archives: Financials - October 2000
Financials
Wednesday, October 25, 2000:  Financials appear to be running into resistance, and with bearish signals on almost 20 of 27 stocks in this sector in the past several days, they should be heading back down shortly.
Wednesday, October 18, 2000:  With moderate buys on nearly every stock we track in this industry, and with 7 bullish signals today and 6 buy executes for tomorrow, we've got a follow up buy on this sector for tomorrow.

Wednesday, October 11, 2000:  Reemphasis on yesterday's buy call. We've now had bullish signals on 10 of 12 stocks within the last 3 days. If did not take advantage of today's mid-day drop in the sector to get in, it's not too late.

Tuesday, October 10, 2000:  The overall index is down 10% with many individual stocks down 15-20% since our sell call last week. We're now starting to get signs of another rebound in the sector. There are no executables, so this may take a few days to set in, but financials should be headed back up, at least temporarily.

Monday, October 2, 2000:  We got a sell on 9/12. They dropped about 15% and rebounded. We now have a follow up sell.

 

                    · November 2000          · October 2000          · September 2000          · August 2000