Monday’s Top Names
Friday was the second strong
day out of pullbacks on the daily charts for the indices.
This
has them appearing to have a good shot at
retesting the previous highs. Keep the long side setups in your cross hairs as
your primary focus, with the shorts on the bench in the event the sellers win
the battle on Monday.
Hottest Sectors:
 Broker/Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating) and
Telecommunications
(
$XTC.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating).
Monday’s
stocks to watch:
3 Month RS of 80 and higher and close in top
part of range
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Anglogold |
( AU | Quote | Chart | News | PowerRating) |
89 | 29.85 | 744,128 |
508,500 |
| Expedia.com | ( EXPE | Quote | Chart | News | PowerRating) |
92 | 74.32 | 2,347,762 | 2,498,131 |
Leapfrog Enterprises |
( LF | Quote | Chart | News | PowerRating) |
95 | 31.85 | 205,994 |
447,300 |
| Hotels.com | ( ROOM | Quote | Chart | News | PowerRating) |
90 | 64.65 | 854,369 | 701,253 |
Â
3 Month RS of 30 or lower
and close in bottom part of range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Amerada Hess | ( AHC | Quote | Chart | News | PowerRating) |
7 | 53.09 | 909,708 | 464,100 |
| Career Education | ( CECO | Quote | Chart | News | PowerRating) |
20 | 42.72 | 1,196,876 | 584,805 |
| First Industrial Realty |
( FR | Quote | Chart | News | PowerRating) |
17 | 26.11 | 177,609 |
183,200 |
| Lockheed Martin | ( LMT | Quote | Chart | News | PowerRating) |
16 | 50.35 | 3,194,360 | 5,100,600 |
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cox Communications | ( COX | Quote | Chart | News | PowerRating) |
84 | 30.25 | 2,245,751 | 1,600,900 |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
82 | 30.00 | 1,864,760 | 2,070,300 |
| Verizon | ( VZ | Quote | Chart | News | PowerRating) |
81 | 39.31 | 8,276,889 | 7,773,100 |
| American Electric Power | ( AEP | Quote | Chart | News | PowerRating) |
82 | 27.59 | 4,209,718 | 1,293,500 |
Â
3 Month RS of 30 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Baxter International | ( BAX | Quote | Chart | News | PowerRating) |
10 | 30.06 | 5,231,489 | 4,496,200 |
| International Paper | ( IP | Quote | Chart | News | PowerRating) |
16 | 35.73 | 3,203,045 | 2,107,000 |
| Kimberly-Clark | ( KMB | Quote | Chart | News | PowerRating) |
14 | 50.91 | 1,789,903 | 1,540,700 |
| Dow Chemical | ( DOW | Quote | Chart | News | PowerRating) |
19 | 27.50 | 3,249,237 | 2,470,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cymer, Inc. | ( CYMI | Quote | Chart | News | PowerRating) |
80 | 33.43 | 1,920,046 | 2,298,007 |
| IGEN International | ( IGEN | Quote | Chart | News | PowerRating) |
87 | 38.65 | 196,533 | 237,987 |
| Pharmaceutical Product Development | ( PPDI | Quote | Chart | News | PowerRating) |
87 | 30.23 | 553,732 | 277,835 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Moody’s | ( MCO | Quote | Chart | News | PowerRating) |
20 | 43.47 | 784,414 | 1,393,300 |
| Wendy’s | ( WEN | Quote | Chart | News | PowerRating) |
6 | 28.03 |
1,658,949 |
786,300 |
Â
Best of luck with your trading Monday. Please
use protective stops on trades.