Thursday’s Top Names
The trend remains down, but
the two-way action is a boon to daytraders.
Keep looking at setups in both directions and play
the proper direction as the situation warrants.
Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Drugs
(
$DRU.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and
Consumer Cyclicals
(
$CYC.X |
Quote |
Chart |
News |
PowerRating).
Thursday’s stocks to
watch:
3 Month RS of 80 and higher and close in top
part of
range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Coventry Healthcare | ( CVH | Quote | Chart | News | PowerRating) |
96 | 33.90 | 602,409 | 488,700 |
| HCA, Inc. | ( HCA | Quote | Chart | News | PowerRating) |
87 | 48.78 | 2,613,225 | 2,532,000 |
Johnson & Johnson |
( JNJ | Quote | Chart | News | PowerRating) |
87 | 58.30 | 10,176,085 |
4,215,100 |
| Mid-Atlantic Medical | ( MME | Quote | Chart | News | PowerRating) |
95 | 38.12 | 523,848 | 576,500 |
Â
3 Month RS of 20 or lower
and close in bottom part of range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Astoria Financial | ( AF | Quote | Chart | News | PowerRating) |
19 | 24.31 | 552,240 | 379,600 |
| DST Systems | ( DST | Quote | Chart | News | PowerRating) |
18 | 28.89 | 551,752 | 554,900 |
| MGIC Investments |
( MTG | Quote | Chart | News | PowerRating) |
8 | 41.07 | 1,145,300 |
1,120,900 |
| Radian Group | ( RDN | Quote | Chart | News | PowerRating) |
14 | 33.14 | 774,525 | 753,500 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Getty Images | ( GETY | Quote | Chart | News | PowerRating) |
93 | 22.24 | 480,605 | 813,682 |
| Universal Health Services | ( UHS | Quote | Chart | News | PowerRating) |
92 | 52.00 | 567,915 | 801,300 |
| Clear Channel Communications | ( CCU | Quote | Chart | News | PowerRating) |
93 | 35.95 | 5,397,142 | 3,939,200 |
| Eli Lilly | ( LLY | Quote | Chart | News | PowerRating) |
80 | 57.84 | 4,329,566 | 5,098,400 |
Â
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Boise Cascade | ( BCC | Quote | Chart | News | PowerRating) |
18 | 22.01 | 579,840 | 897,400 |
| Weyerhauser | ( WY | Quote | Chart | News | PowerRating) |
19 | 43.31 | 1,320,852 | 1,080,100 |
| Honeywell | ( HON | Quote | Chart | News | PowerRating) |
8 | 21.90 | 4,281,238 | 2,833,500 |
| Home Depot | ( HD | Quote | Chart | News | PowerRating) |
19 | 24.95 | 14,727,677 | 18,670,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Johnson & Johnson |
( JNJ | Quote | Chart | News | PowerRating) |
87 | 58.30 | 10,176,085 |
4,215,100 |
| Philadelphia Suburban Corp. | ( PSC | Quote | Chart | News | PowerRating) |
91 | 20.87 | 342,572 | 723,900 |
| Tenet Healthcare | ( THC | Quote | Chart | News | PowerRating) |
90 | 51.55 | 2,736,523 | 3,539,900 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Starwood Hotels & Resorts | ( HOT | Quote | Chart | News | PowerRating) |
18 | 22.00 | 2,272,117 | 1,691,000 |
| MGIC Investments | ( MTG | Quote | Chart | News | PowerRating) |
8 | 41.07 | 1,145,300 | 1,120,900 |
| Whirlpool | ( WHR | Quote | Chart | News | PowerRating) |
20 | 45.78 | 712,432 | 644,000 |
Â
Best of luck with your trading Thursday. Please use
protective stops on trades.