Friday’s Top Names
The major averages all
finished the day to the downside and closed near the lows. We
have CVR 3 and CVR 6 buy signals for Friday.
Hottest Sectors: Gold
& Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) and Oil Services
(
$OSX.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors: Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and Telecoms
(
$XTC.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 |
| AutoZone |
( AZO | Quote | Chart | News | PowerRating) |
87 |
81.71 |
1,100,043 |
807,000 |
| Varco Int’l |
( VRC | Quote | Chart | News | PowerRating) |
83 |
18.59 |
615,034 |
792,000 |
| ManPower |
( MAN | Quote | Chart | News | PowerRating) |
88 |
41.14 |
574,388 |
378,000 |
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 |
| Ballard Power |
( BLDP | Quote | Chart | News | PowerRating) |
6 |
19.52 |
583,875 |
482,800 |
| Amgen |
( AMGN | Quote | Chart | News | PowerRating) |
10 |
42.79 |
10,947,595 |
11,446,900 |
| Genzyme |
( GENZ | Quote | Chart | News | PowerRating) |
2 |
29.49 |
4,233,140 |
3,243,900 |
| ICOS Corp. |
( ICOS | Quote | Chart | News | PowerRating) |
1 |
19.17 |
1,617,629 |
992,500 |
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aetna |
( AET | Quote | Chart | News | PowerRating) |
90 |
47.76 |
1,116,305 |
1,743,300 |
| Anglogold |
( AU | Quote | Chart | News | PowerRating) |
95 |
81.71 |
1,100,043 |
807,000 |
| Varco |
( VRC | Quote | Chart | News | PowerRating) |
83 |
18.59 |
615,034 |
792,000 |
| Nat’l Semiconductor |
( NSM | Quote | Chart | News | PowerRating) |
84 |
30.88 |
2,474,668 |
5,888,000 |
3 Month RS of 20 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Avocent |
( AVCT | Quote | Chart | News | PowerRating) |
17 |
18.81 |
406,222 |
1,060,800 |
| Teradyne |
( TER | Quote | Chart | News | PowerRating) |
5 |
26.84 |
3,169,889 |
2,114,100 |
| St Microelectronics |
( STM | Quote | Chart | News | PowerRating) |
11 |
24.64 |
1,364,932 |
1,185,800 |
| SEI Investments |
( SEIC | Quote | Chart | News | PowerRating) |
10 |
29.62 |
566,028 |
1,495,500 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Barrick Gold |
( ABX | Quote | Chart | News | PowerRating) |
86 |
21.77 |
3,198,905 |
3,293,000 |
| Rowan Cos |
( RDC | Quote | Chart | News | PowerRating) |
91 |
22.95 |
1,528,942 |
2,072,400 |
| Hovnanian Ent. |
( HOV | Quote | Chart | News | PowerRating) |
81 |
33.17 |
381,792 |
920,500 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Agilent |
( A | Quote | Chart | News | PowerRating) |
7 |
24.63 |
2,689,855 |
1,568,800 |
| Veritas |
( VRTS | Quote | Chart | News | PowerRating) |
1 |
22.15 |
12,942,268 |
8,122,300 |
| T. Rowe Price |
( TROW | Quote | Chart | News | PowerRating) |
19 |
34.74 |
593,685 |
529,900 |
Best of luck with your trading
Friday. Please
use protective stops on every trade.