SHREVEPORT, La., May 26, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Nasdaq 100 Index Tracking Stock ETF (Nasdaq:QQQQ), Goldcorp Inc (NYSE:GG), American Internat Group (NYSE:AIG), and Network Appliance Inc (Nasdaq:NTAP).
DonHarrold.net provides unbiased stock ratings from registered investment advisors. DonHarrold.net issues daily market commentary and features a member's area with detailed information on widely held stocks.
Important Stock rating Changes:
Nasdaq 100 Index Tracking Stock ETF (Nasdaq:QQQQ) DonHarrold.Net Rating: Strong Buy http://www.donharrold.net/ratings/US/QQQQ.php Goldcorp Inc (NYSE:GG) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/GG.php American Internat Group (NYSE:AIG) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/AIG.php Network Appliance Inc (Nasdaq:NTAP) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/NTAP.php
The Nasdaq 100 Index Tracking Stock ETF (Nasdaq:QQQQ) closed recently at $39.36 with a volume of 1242475 X 100. My current rating on QQQQ is "Strong Buy."
My "Strong Buy" rating is reserved for stocks that meet a specific set of criteria. These are stocks that are -- on a technical basis -- "oversold." To qualify as a "Strong Buy," a stock's Stochastics and Relative Strength indicators must be in classic "oversold" positions. There are more proprietary factors I consider, such as how moving averages are crossing and more.
If a stock is rated "Strong Buy," I believe the stock is significantly poised for either a move higher or a cessation of any recent price decreases. I like the term "entry point."
A "Strong Buy" stock represents a time to Buy based on my reading of technical indicators.
About DonHarrold.net: DonHarrold.net is a stock research firm. Their daily commentary is regular and distributed worldwide. They are Registered Investment Advisors. They do not accept third-party compensation to make stock suggestions.