Tuesday’s Top Names
Light volume in Monday’s
session makes the price action hard to read, but price is the final judge.
The Dow and S&P appear to be ready to retest
the high of three days ago on the daily charts, so look for a move up. We also
have a CVR I buy signal on the
Market Bias Indicators Page. Look for longs until we see them coming to sell
it off.
Hottest Sectors: Consumer Sector
(
$CMR.X |
Quote |
Chart |
News |
PowerRating) and
Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Computer Technology
(
$XCI.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 |
| Advanced Neuromodulation Systems | ( ANSI | Quote | Chart | News | PowerRating) |
93 | 36.92 | 194,831 | 243,700 |
| Engineered Support Systems | ( EASI | Quote | Chart | News | PowerRating) |
97 | 61.25 | 199,038 | 339,100 |
Hotels.com |
( ROOM | Quote | Chart | News | PowerRating) |
87 | 48.09 | 799,288 |
316,300 |
| Stryker Corp. | ( SYK | Quote | Chart | News | PowerRating) |
92 | 58.80 | 691,815 | 530,100 |
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 |
| Analog Devices | ( ADI | Quote | Chart | News | PowerRating) |
14 | 22.04 | 3,445,548 | 2,578,500 |
| Linear Technologies | ( LLTC | Quote | Chart | News | PowerRating) |
7 | 21.17 | 8,123,827 | 8,992,400 |
| Maxim Integrated Products |
( MXIM | Quote | Chart | News | PowerRating) |
7 | 26.37 | 9,269,095 |
7,297,100 |
| Novellus | ( NVLS | Quote | Chart | News | PowerRating) |
5 | 23.00 | 10,141,076 | 4,798,600 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Express Scripts | ( ESRX | Quote | Chart | News | PowerRating) |
93 | 54.32 | 1,988,315 | 1,450,900 |
| Sysco Corp. | ( SYY | Quote | Chart | News | PowerRating) |
93 | 31.02 | 2,232,128 | 2,238,300 |
| Boston Scientific | ( BSX | Quote | Chart | News | PowerRating) |
95 | 30.70 | 2,263,826 | 1,500,200 |
| Hershey Foods | ( HSY | Quote | Chart | News | PowerRating) |
90 | 74.81 | 1,304,828 | 680,600 |
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 |
| May Dept. Stores | ( MAY | Quote | Chart | News | PowerRating) |
20 | 26.83 | 1,196,323 | 908,600 |
| Bellsouth | ( BLS | Quote | Chart | News | PowerRating) |
20 | 23.18 | 5,132,529 | 2,699,100 |
| Cigna Corp. | ( CI | Quote | Chart | News | PowerRating) |
19 | 78.67 | 1,000,323 | 506,200 |
| RJ Reynolds Tobacco | ( RJR | Quote | Chart | News | PowerRating) |
19 | 52.53 | 1,186,349 | 1,125,600 |
Â
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Catalina Marketing | ( POS | Quote | Chart | News | PowerRating) |
80 | 31.26 | 393,832 | 149,100 |
| United Health | ( UHS | Quote | Chart | News | PowerRating) |
81 | 49.40 | 597,042 | 353,000 |
| Varian Medical | ( VAR | Quote | Chart | News | PowerRating) |
87 | 43.58 | 518,494 | 190,100 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| NCR Corp. | ( NCR | Quote | Chart | News | PowerRating) |
20 | 25.71 | 846,328 | 687,800 |
| Photon Dynamics | ( PHTN | Quote | Chart | News | PowerRating) |
13 | 22.09 | 734,896 | 586,600 |
| Semiconductor Holders ETF | ( SMH | Quote | Chart | News | PowerRating) |
8 | 22.05 | 6,352,231 | 3,793,800 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.