Friday’s Top Names

The bounce came, the indices
closed strongly, and we have CVR I and VI buy signals in place for tonight.

This continues to place the focus on the long side.
Keep your eyes on that side, but have the shorts ready, just in case.

Hottest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
and
Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: 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

Alcon
(
ACL |
Quote |
Chart |
News |
PowerRating)
93 39.81 619,925 1,865,000
Cooper Companies
(
COO |
Quote |
Chart |
News |
PowerRating)
96 55.10 296,543 478,900

InterMune

(
ITMN |
Quote |
Chart |
News |
PowerRating)
98 32.19
1,587,221

1,115,100
Overture Services
(
OVER |
Quote |
Chart |
News |
PowerRating)
88 27.08 1,467,574 4,029,600

 

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

Christopher and Banks
(
CBK |
Quote |
Chart |
News |
PowerRating)
6 21.65 405,060 739,100
Lowes Carolina Group
(
CG |
Quote |
Chart |
News |
PowerRating)
18 17.93 403,194 258,300

Precision Castparts

(
PCP |
Quote |
Chart |
News |
PowerRating)
14 17.20
454,888

573,500
RJ Reynolds Tobacco
(
RJR |
Quote |
Chart |
News |
PowerRating)
11 35.60 1,297,957 1,193,000


3 Month RS of 80
and higher with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

J2 Global Communcations
(
JCOM |
Quote |
Chart |
News |
PowerRating)
97 21.92 336,535 403,100
Gtech Holdings
(
GTK |
Quote |
Chart |
News |
PowerRating)
96 24.25 738,471 914,900

 

3 Month RS of 20 and lower with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Christopher and Banks
(
CBK |
Quote |
Chart |
News |
PowerRating)
6 21.65 405,060 739,100
Laboratory Corp.
(
LH |
Quote |
Chart |
News |
PowerRating)
6 20.44 2,362,860 3,810,200

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume


Hotels.com

(
ROOM |
Quote |
Chart |
News |
PowerRating)
88 47.85
819,221

1,746,600
Southern Company
(
SO |
Quote |
Chart |
News |
PowerRating)
92 28.89 2,486,951 4,036,000

Willis Group Holdings

(
WSH |
Quote |
Chart |
News |
PowerRating)
90 33.88
647,091

485,400

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Sealed Air
(
SEE |
Quote |
Chart |
News |
PowerRating)
10 13.15 1,642,438 1,663,100
Lowes Carolina Group
(
CG |
Quote |
Chart |
News |
PowerRating)
18 17.93 403,194 258,300

 

Best of luck with your trading Friday. Please use
protective stops on trades.