Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

TOP INDUSTRY GROUPS could be important to know before earnings are relased.
DATE: 4/13/2001 It might be a good idea to look for long plays in the current top industry groups instead of flying into the short term overbought technology sector which has risen on 'hope floats' expectations and we laud it. We are still long some of these stocks but hope to close positions on monday and look for shorts in other sectors that actually have a chance to MEET or BEAT earnings expectations, rather than coming buying the "tail" end of the nasdaq rally.

LAST 3 MOS
CURRENT WEEK AGO INDUSTRY
------- ---- ----- ------------------------
1 3 2 MEDICAL-OUTPNT/HM CARE
2 2 1 BLDG-RESIDENT/COMMRCL
3 1 3 TOBACCO
4 10 48 POLLUTION CONTROL-SVCS <<<<-------
5 8 34 LEISURE-GAMING
6 4 95 RETAIL-MISC/DIVERSIFIED
7 12 26 TEXTILE-APPAREL MFG
8 5 134 LEISURE-TOYS/GAMES/HOBBY
9 11 60 OIL&GAS-FIELD SERVICES
10 18 87 OIL&GAS-REFINING/MKTG
11 13 84 TEXTILE-MILL/HSEHOLD
12 37 19 MEDICAL-NURSING HOMES
13 25 14 OIL&GAS-CDN EXP&PROD
14 19 73 FINANCE-CONSUMR/COMML
15 7 39 ELEC-MILITARY SYSTEMS
16 6 72 RETAIL-DRUG STORES
17 23 55 TRANSPORTATION-RAIL
18 26 11 RETAIL-APPAREL/SHOE
19 9 63 RETAIL-MAJOR DISC CHAINS
20 16 40 BANKS-SOUTHEAST