Friday’s Top Names
A very wise man once said in regard to the
markets, “if it isn’t going down, it could be going up.” That is pretty much how
I feel going into Friday’s session. The charts still appear to be vulnerable,
but they just keep taking them up. Window dressing or not, just continue to ride
it out for as long as it lasts.
Hottest Sectors:
Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating) and Computer
Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Oil Service
(
$OSX. |
Quote |
Chart |
News |
PowerRating) and
Drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating).
Friday’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 |
Atlantic Coast Airlines Holdings |
( ACAI | Quote | Chart | News | PowerRating) |
91 | 23.09 | 573,043 |
810,800 |
| BioReliance | ( BREL | Quote | Chart | News | PowerRating) |
93 | 30.35 | 266,046 | 111,800 |
Genesis Microchip |
( GNSS | Quote | Chart | News | PowerRating) |
96 | 68.56 | 2,549,635 |
1,562,800 |
| PEC Solutions | ( PECS | Quote | Chart | News | PowerRating) |
93 | 37.17 | 496,600 | 631,100 |
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 |
| Alpha Industries | ( AHAA | Quote | Chart | News | PowerRating) |
7 | 22.08 | 2,944,802 | 3,192,200 |
| Amsurg Corp. | ( AMSG | Quote | Chart | News | PowerRating) |
7 | 25.96 | 284,571 | 241,100 |
ImClone Systems |
( IMCL | Quote | Chart | News | PowerRating) |
17 | 58.30 | 2,014,300 |
7,719,700 |
| Invitrogen | ( IVGN | Quote | Chart | News | PowerRating) |
15 | 62.44 | 1,164,382 | 509,500 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Affymetrix | ( AFFX | Quote | Chart | News | PowerRating) |
96 | 38.85 | 979,960 | 1,702,300 |
| SPX Corp. | ( SPW | Quote | Chart | News | PowerRating) |
83 | 135.00 | 508,135 | 496,600 |
| LTX Corp. | ( LTXX | Quote | Chart | News | PowerRating) |
91 | 22.30 | 616,365 | 508,200 |
| Hispanic Broadcasting Corp. | ( HSP | Quote | Chart | News | PowerRating) |
89 | 26.00 | 324,910 | 333,100 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Equity Office Properties | ( EOP | Quote | Chart | News | PowerRating) |
11 | 29.85 | 1,441,930 | 739,100 |
| Invitrogen | ( IVGN | Quote | Chart | News | PowerRating) |
15 | 62.44 | 1,164,382 | 509,500 |
| Western Wireless | ( WWCA | Quote | Chart | News | PowerRating) |
20 | 27.92 | 926,220 | 787,700 |
| Charter One Financial | ( CF | Quote | Chart | News | PowerRating) |
11 | 26.95 | 690,930 | 451,100 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Atlantic Coast Airlines Holdings |
( ACAI | Quote | Chart | News | PowerRating) |
91 | 23.09 | 573,043 |
810,800 |
| Direct Focus | ( DFXI | Quote | Chart | News | PowerRating) |
90 | 30.86 | 671,308 | 513,800 |
| Internet Security Systems | ( ISSX | Quote | Chart | News | PowerRating) |
95 | 32.24 | 2,541,769 | 1,173,600 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Fluor Corp. | ( FLR | Quote | Chart | News | PowerRating) |
7 | 36.03 | 375,137 | 241,900 |
| PNC Financial Services | ( PNC | Quote | Chart | News | PowerRating) |
14 | 55.41 | 1,000,534 | 552,900 |
Best of luck with your trading Friday. Please use
protective stops on trades.