Friday’s Top Names
The indices continue to hold up in spite of Thursday’s sell off.
They are, however, sitting at a key inflection point. A signal of more strength
will be if they are able to find support at this level, and if not possibly more
downside.
Hottest Sectors: Telecommunications
(
$XTC.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and
Computer Technology
(
$XCI.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 |
| Anheuser Busch | ( BUD | Quote | Chart | News | PowerRating) |
86 | 53.10 | 3,026,769 | 4,404,900 |
| Express Scripts | ( ESRX | Quote | Chart | News | PowerRating) |
86 | 57.99 | 2,032,370 | 2,619,900 |
Hotels.com |
( ROOM | Quote | Chart | News | PowerRating) |
94 | 60.36 | 865,364 |
2,341,600 |
| Taro Pharmaceuticals | ( TARO | Quote | Chart | News | PowerRating) |
88 | 34.59 | 478,362 | 380,600 |
Â
3 Month RS of 30 or lower
and close in bottom part of range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Baxter International | ( BAX | Quote | Chart | News | PowerRating) |
29 | 26.44 | 4,590,292 | 5,697,100 |
| Cigna | ( CI | Quote | Chart | News | PowerRating) |
20 | 63.60 | 1,118,860 | 872,400 |
Capital One Fanancial |
( COF | Quote | Chart | News | PowerRating) |
28 | 28.75 | 5,736,405 |
8,979,900 |
| Household International | ( HI | Quote | Chart | News | PowerRating) |
25 | 22.83 | 5,823,783 | 7,301,000 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Kellogg Company | ( K | Quote | Chart | News | PowerRating) |
82 | 35.51 | 1,260,702 | 1,142,500 |
| Pepsico | ( PEP | Quote | Chart | News | PowerRating) |
93 | 44.58 | 7,042,725 | 6,088,300 |
| Boston Scientific | ( BSX | Quote | Chart | News | PowerRating) |
96 | 38.75 | 2,491,532 | 4,411,600 |
| Michael’s Stores | ( MIK | Quote | Chart | News | PowerRating) |
89 | 44.35 | 882,338 | 1,118,400 |
Â
3 Month RS of 30 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 |
| Express Scripts | ( ESRX | Quote | Chart | News | PowerRating) |
86 | 57.99 | 2,032,370 | 2,619,900 |
| Renaissancere, Ltd. | ( RNR | Quote | Chart | News | PowerRating) |
94 | 42.73 | 432,114 | 459,800 |
| Scholastic Corp. | ( SCHL | Quote | Chart | News | PowerRating) |
88 | 44.71 | 444,016 | 496,400 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Ashland | ( ASH | Quote | Chart | News | PowerRating) |
22 | 26.85 | 581,342 | 436,200 |
| Goodrich Corp. | ( GR | Quote | Chart | News | PowerRating) |
25 | 17.10 | 691,311 | 1,124,400 |
| QLogic | ( QLGC | Quote | Chart | News | PowerRating) |
30 | 31.30 | 15,613,496 | 9,017,700 |
Â
Best of luck with your trading Friday. Please use
protective stops on trades.