Tuesday’s Top Names
Oversold, overshmold.
Remember here that the market does not care what
oversold is. Markets can (and will) become more and more oversold. Just continue
to trade what is and not what should be.
Hottest Sectors: Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and
Broker/Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating).
Tuesday’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 |
| Amerigroup | ( AMGP | Quote | Chart | News | PowerRating) |
96 | 31.35 | 301,060 | 157,500 |
| Entergy Corp. | ( ETR | Quote | Chart | News | PowerRating) |
80 | 43.09 | 1,159,095 | 3,699,000 |
Forest Labs |
( FRX | Quote | Chart | News | PowerRating) |
97 | 89.50 | 2,023,323 |
1,695,600 |
| Lifepoint Hospitals | ( LPNT | Quote | Chart | News | PowerRating) |
83 | 34.05 | 605,033 | 1,237,200 |
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 |
| Barra, Inc. | ( BARZ | Quote | Chart | News | PowerRating) |
20 | 24.52 | 228,931 | 168,600 |
| Cerner Corp. | ( CERN | Quote | Chart | News | PowerRating) |
15 | 27.65 | 743,400 | 1,024,300 |
| Cigna | ( CI | Quote | Chart | News | PowerRating) |
15 | 57.99 | 1,038,991 |
1,688,200 |
| Nucor Corp. | ( NUE | Quote | Chart | News | PowerRating) |
12 | 38.60 | 945,317 | 524,700 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Genentech | ( DNA | Quote | Chart | News | PowerRating) |
93 | 31.46 | 2,520,866 | 1,430,300 |
| Dial Corp. | ( DL | Quote | Chart | News | PowerRating) |
91 | 22.12 | 523,085 | 475,800 |
| Performance Food Group | ( PFGC | Quote | Chart | News | PowerRating) |
96 | 36.30 | 435,194 | 648,100 |
| Sallie Mae | ( SLM | Quote | Chart | News | PowerRating) |
80 | 93.84 | 956,971 | 1,213,100 |
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 |
| TXU Corp. | ( TXU | Quote | Chart | News | PowerRating) |
6 | 22.64 | 2,498,855 | 5,434,800 |
| Bank of New York | ( BK | Quote | Chart | News | PowerRating) |
17 | 20.85 | 3,098,088 | 5,003,300 |
| Weyerhauser | ( WY | Quote | Chart | News | PowerRating) |
16 | 38.90 | 1,315,631 | 1,408,800 |
| Home Depot | ( HD | Quote | Chart | News | PowerRating) |
20 | 24.21 | 15,092,765 | 6,779,200 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Eli Lilly |
( LLY | Quote | Chart | News | PowerRating) |
87 | 56.82 | 4,273,249 |
3,684,500 |
| Performance Food Group | ( PFGC | Quote | Chart | News | PowerRating) |
96 | 36.30 | 435,194 | 648,100 |
| Varian Medical | ( VAR | Quote | Chart | News | PowerRating) |
89 | 42.61 | 506,797 | 631,300 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Synopsys | ( SNPS | Quote | Chart | News | PowerRating) |
16 | 32.68 | 1,858,320 | 1,613,300 |
| Zion Bancorp | ( ZION | Quote | Chart | News | PowerRating) |
20 | 34.45 | 777,864 | 2,416,300 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.