The Daily Workshop
Report
by Robert Sheard
(TMF Sheard)
Growth Screens 6.35% Relative Strength 3.40% EPS Plus RS 3.01% Unemotional Growth 2.38% YPEG Potential 0.91% S&P 500 Index -0.54% Low Price/Sales -1.34% Investing for Growth Value Screens 3.91% Dogs of the Dow 3.16% Beating the S&P 2.75% Dow Jones Ind Avg 1.70% Dow Combo 1.44% Unemotional Value 1.44% Beating the Dow
It was a big day for most of the growth screens today as technology stocks joined blue chips in a pretty big move, the result of a benign inflation report at the wholesale level for December. With the stock market in Japan getting whacked and our bond market holding up well, all the fears and predictions that Japanese money would pull out of American markets seems to have missed the mark considerably for now. So with the bond rally, stocks picked up more record-breaking gains today.
Among our best performers today were ENSCO International <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:ESV)") else Response.Write("(NYSE:ESV)") end if %>, which tacked more than 6.5% on to an already impressive run for early January. ENSCO is currently a part of the Unemotional Growth and EPS Plus RS screens. Also big winners were SCI Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:SCIS)") else Response.Write("(NASDAQ:SCIS)") end if %>, which picked up 4% for the Low Price/Sales screen, and Woolworth <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: Z)") else Response.Write("(NYSE: Z)") end if %>, which also bolstered the Low Price/Sales screen with nearly a 2.5% gain.
On the other side of the ledger, Oracle <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ: ORCL)") else Response.Write("(NASDAQ: ORCL)") end if %> was the worst performer for the day, slipping almost 4% and giving Investing for Growth even more indigestion. Losing just under 2% was Morgan Products <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: MGN)") else Response.Write("(NYSE: MGN)") end if %>, of the Low Price/Sales screens.
And finally, tomorrow's report and this weekend's database will be later than normal because I'm leaving town for a meeting at Fool Headquarters in Virginia. I will try to get an abbreviated report posted before I leave tomorrow, but if not, it'll be posted late tomorrow evening. The database and new screen rankings will be up either very late Saturday night, or the more likely event, Sunday evening after I return to Kentucky. Sorry about any inconvenience this might cause you. I'll do my best to get them up in time for you to look everything over before the market opens again on Monday.
Want a little fun to go along with these screens? I've set up a little game called the Thoroughbred Stock Challenge. It's not officially a part of The Motley Fool, but they've been gracious enough to allow me to mention it here for the benefit of our readers. But please don't post questions on the Fool message boards or e-mail the Fool staff with questions about the Challenge. You can send any questions or comments directly to me at [email protected].
Once you visit the site, please make sure to bookmark it (or save it in your favorite places folder) so you can find it again easily. We're currently in the middle of the January contest, but the master stock list you choose from is posted so you can start doing your homework for the February Challenge. I'll open the entry form to take your picks for the February game starting on January 21st.