Mediacommdept's Weblog

Integral Systems (ISYS)

mediacommdept — Tue, 15 Jul 2008 22:55:32 +0000

This is some text at the top introducing the company, and what its business is, and a couple other brief facts.

-Bullet about earnings per share
-bullet about earnings stability
-bullet about institutional suport
-bullet about volume
-bullet about upcoming earnings report

Hess (HES)

mediacommdept — Tue, 15 Jul 2008 22:46:05 +0000

Here’s another from the Energy Sector – Hess (HES), this one is from the Oil & Gas International Integrated group, which has also been under some selling pressure. Hess illustrates why it’s so risky to make new buys during a market downturn. For several weeks, it appeared to be shaping a flat base, but as oil stocks began weakening, Hess fell out of its formation. Last week brought some heavy downside volume, and this week the stock has moved even further below its 10-week moving average. It’s too soon to say if Hess is in the process of forming a sound base pattern, but it’s an example of how even leading stocks can have downside reversals in a weak and volatile market. Hess also illustrates why it’s unwise to make buy decisions based on fundamentals alone. The earnings and sales growth have been improving, but that’s not enough to overcome a difficult market.

Quicksilver Resources (KWK)

mediacommdept — Tue, 15 Jul 2008 20:26:29 +0000

Oil and gas producer Quicksilver Resources (KWK) is possibly in the process of forming a double-bottom base. Watch to see if it continues shaping the right side. But keep in mind: Its Accumulation/Distribution Rating is D+, indicating heavy selling in recent weeks. On the plus side, earnings and sales growth have been strong the past four quarters. It hails from the Oil & Gas-U.S. Exploration & Production group, which is ranked No. 1 among IBD’s 197 groups, but has suffered some bouts of heavy-volume selling lately.