Friday’s Top Names
The indices mounted another rally to close well.
This has the daily charts still looking like they are
ready to climb out of this first pullback off the low. So again, look at the
long side first, then go with the weak issues if the selling returns.
Hottest Sectors:Â Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and
Broker Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating) and Gold
and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating).
Friday’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 |
| Amgen | ( AMGN | Quote | Chart | News | PowerRating) |
96 | 47.91 | 18,052,128 | 19,389,100 |
| Biotech Holders | ( BBH | Quote | Chart | News | PowerRating) |
83 | 87.45 | 1,899,360 | 2,356,400 |
| Doral Financial |
( DORL | Quote | Chart | News | PowerRating) |
94 | 39.96 | 312,970 |
445,589 |
| ICOS Corp. | 99 | 26.92 | 26.92 | 1,490,296 | 2,789,600 |
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 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
19 | 22.02 | 1,052,582 | 438,800 |
| Best Buy | ( BBY | Quote | Chart | News | PowerRating) |
14 | 19.55 | 3,967,865 | 43,250,500 |
| Cerus Corp. |
( CERS | Quote | Chart | News | PowerRating) |
2 | 19.95 | 306,882 |
519,498 |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
7 | 19.97 | 2,128,729 |
17,842,900 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Willis Group Holdings | ( WSH | Quote | Chart | News | PowerRating) |
84 | 31.16 | 801,626, | 814,900 |
| CV Therapeutics | ( CVTX | Quote | Chart | News | PowerRating) |
93 | 25.93 | 878,131 | 800,914 |
| Union Pacific | ( UNP | Quote | Chart | News | PowerRating) |
82 | 61.00 | 1,214,974 | 1,043,600 |
| Techne Corp. | ( TECH | Quote | Chart | News | PowerRating) |
94 | 28.40 | 461,949 | 545,503 |
Â
3 Month RS of 20 and lower with volume surge in last hour
None Today
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Patterson Dental | ( PDCO | Quote | Chart | News | PowerRating) |
86 | 47.96 | 359,234 | 447,954 |
| SLM Corp. | ( SLM | Quote | Chart | News | PowerRating) |
83 | 91.68 | 858,015 | 774,100 |
| Willis Group Holdings | ( WSH | Quote | Chart | News | PowerRating) |
84 | 31.16 | 801,626, | 814,900 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
7 | 19.97 | 2,128,729 |
17,842,900 |
Â
Best of luck with your trading Friday. Please use
protective stops on trades.