Monday’s Top Names
Friday’s lukewarm close leaves
a bearish tail in the Nasdaq Composite
(
$COMPX |
Quote |
Chart |
News |
PowerRating) and the Dow Industrials
(
$INDU |
Quote |
Chart |
News |
PowerRating) appear to lack any support down to the September lows, so it may
play catch up to the Naz.
Just remember to trade what you see, and don’t fall
into the trap of any hype. Stay on your toes.  Â
Hottest Sectors: Telecommunications
(
$XTC.X |
Quote |
Chart |
News |
PowerRating)
and Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Utilities
(
$UTY.X |
Quote |
Chart |
News |
PowerRating) and Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating).
Monday’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 |
| Doral Financial | ( DORL | Quote | Chart | News | PowerRating) |
88 | 37.15 | 304,894 | 583,900 |
| Kroll, Inc. | ( KROL | Quote | Chart | News | PowerRating) |
99 | 24.10 | 493,538 | 139,000 |
| SK Telecom |
( SKM | Quote | Chart | News | PowerRating) |
94 | 25.95 | 585,251 |
503,500 |
| Trigon Healthcare | ( TGH | Quote | Chart | News | PowerRating) |
94 | 97.90 | 559,340 | 650,500 |
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 |
| Cabot Microelectronics | ( CCMP | Quote | Chart | News | PowerRating) |
8 | 36.76 | 1,484,026 | 1,794,200 |
| Murphy Oil | ( MUR | Quote | Chart | News | PowerRating) |
15 | 69.80 | 283,628 | 601,400 |
| Sonic Automotive |
( SAH | Quote | Chart | News | PowerRating) |
19 | 22.85 | 552,278 |
798,400 |
| Veeco Instruments | ( VECO | Quote | Chart | News | PowerRating) |
9 | 18.05 | 578,500 | 1,444,700 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Constellation Brands | ( STZ | Quote | Chart | News | PowerRating) |
89 | 29.25 | 697,290 | 442,000 |
| ATT Canada | ( ATTC | Quote | Chart | News | PowerRating) |
94 | 31.52 | 602,438 | 627,300 |
| Bowater | ( BOW | Quote | Chart | News | PowerRating) |
81 | 49.20 | 604,804 | 587,600 |
| First Tennessee National | ( FTN | Quote | Chart | News | PowerRating) |
82 | 36.75 | 467,519 | 430,900 |
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 |
| THQ Inc. |
( THQI | Quote | Chart | News | PowerRating) |
10 | 24.34 | 1,189,061 |
1,070,600 |
| Sunguard Data Systems | ( SDS | Quote | Chart | News | PowerRating) |
15 | 23.67 | 2,024,252 | 2,133,100 |
Navistar |
( NAV | Quote | Chart | News | PowerRating) |
12 | 30.06 | 573,333 |
306,500 |
| EDO Corp. | ( EDO | Quote | Chart | News | PowerRating) |
6 | 20.34 | 311,995 | 349,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Doral Financial | ( DORL | Quote | Chart | News | PowerRating) |
88 | 37.15 | 304,894 | 583,900 |
| J.B. Hunt | ( JBHT | Quote | Chart | News | PowerRating) |
80 | 28.10 | 544,655 | 914,400 |
| Posco | ( PKX | Quote | Chart | News | PowerRating) |
87 | 29.52 | 369,102 | 444,200 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Lincoln National Corp. | [LNC|LNC} | 18 | 37.41 | 977,409 | 640,100 |
| Polo Ralph Lauren | ( RL | Quote | Chart | News | PowerRating) |
12 | 19.98 | 458,902 | 801,400 |
| Veeco Instruments | ( VECO | Quote | Chart | News | PowerRating) |
9 | 18.05 | 578,500 | 1,444,700 |
Â
Best of luck with your trading Monday. Please use
protective stops on trades.