Jul

20

2007

Intuitive Surgical (ISRG) Soars; Google (GOOG) & Caterpillar (CAT) Hold Up After Earnings

Today’s Growth Stock Big Earnings Movers: 

UP

• Intuitive Surgical (ISRG) Medical Appliances & Equipment, fundamental rank [24/30],  up 32%, adding to gains from a recent breakout in a big way, but hitting 200 which could be resistance for some time

• Kinetic Concepts (ASML) Medical Appliances & Equipment, fundamental rank [26/30],  up 13%, also adding to  gains after recent breakout and approaching all time highs around 80

• Omnicell (OMCL) Computer Based Systems, fundamental rank [24/30],  up 12%, surging off 200 day moving average and approaching new all time highs

• Schlumberger (SLB) Oil & Gas Equipment/Services, fundamental rank [28/30],  up 4%, just keeps on marching to new all time highs

DOWN

• Cybersource (CYBS) Business Software & Services, fundamental rank [26/30],  down 13%, close to failure of recent breakout – stll has support of the 200 day moving average

• Caterpillar (CAT), Farm & Construction Machinery, fundamental rank [24/30],  down 6%, nice bounce off 50 day moving average, still looks good technically

• Google (GOOG) Internet Service Providers, fundamental rank [27/30],  down 5%, held up at support of 50 day moving average and point of previous breakout.. still in fine shape technically