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| PLAY >New Drops |
Thursday, January 18, 2001 |
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New Split Drops
None
New Candidate Drops
| ESRX - Express Scripts $88.13 -1.38 (-2.88) |
Express Scripts took a back seat to the solid technology rally today. ESRX dipped below its 10-DMA of $88.09 intra-day, which created just enough follow through selling to trigger our $87.50 stop. ESRX has enjoyed a nice two-week comeback, and some consolidation after this move is not out of the question. If ESRX can re-establish support, we may give this split candidate another try.
New Momentum Drops
| MSFT - Microsoft $55.63 +2.56 (+2.00) |
The strong NASDAQ rally gave shares of Microsoft a nice boost into the close. We officially ended this play on the closing print due to the earnings release. After the close, MSFT reported profits of $0.47 a share, which was in line with lowered expectations. Revenues came in at $6.59 billion, which was above expectations. This positive surprise has sparked a nice rally in the shares of MSFT after the close.
Drops Index
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