Friday’s Top Names
From the open to the
close, the market had a one-track mind today as it started on an
upbeat note and moved steadily higher throughout the session. Its bullish
disposition was rooted in a number of factors, including the carryover momentum
from the prior day’s strong performance.
Strong Sectors: storage,
chip, chip equip., software, auto, comp. hardware, network equip., drug,
airline, defense, biotech, homebuilding, oil service, bank and brokerage
Weak Sectors: health
care facilities, managed care, beverage, drug store, household prod
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 |
| News Corp |
( NWS | Quote | Chart | News | PowerRating) |
81 | 28.14 | 892,400 | 1,081,100 |
| Paccar | ( PCAR | Quote | Chart | News | PowerRating) |
80 | 48.98 | 1,470,800 | 1,887,905 |
| Qualcomm | ( QCOM | Quote | Chart | News | PowerRating) |
87 | 40.64 | 17,679,600 | 22,367,315 |
| Storage Technology | ( STK | Quote | Chart | News | PowerRating) |
93 | 22.30 | 682,400 | 3,115,700 |
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 |
| Quest Diagnostics | ( DGX | Quote | Chart | News | PowerRating) |
30 | 53.35 | 1,357,600 | 1,429,900 |
| Cardinal Health | ( CAH | Quote | Chart | News | PowerRating) |
29 | 62.05 | 3,128,400 | 6,025,600 |
| Career Edu Corp |
( CECO | Quote | Chart | News | PowerRating) |
19 | 40.50 | 1,363,600 | 1,232,542 |
| Harrah’s Ent | ( HET | Quote | Chart | News | PowerRating) |
17 | 40.21 | 1,465,800 | 1,872,300 |
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| American Power Conversion | ( APCC | Quote | Chart | News | PowerRating) |
92 | 16.00 | 1,389,500 | 3,013,020 |
| Biogen | ( BGEN | Quote | Chart | News | PowerRating) |
85 | 44.75 | 3,533,800 | 7,365,709 |
| Engineered Support Systems | ( EASI | Quote | Chart | News | PowerRating) |
95 | 36.14 | 310,500 | 360,724 |
| Investors Financial Services | ( IFIN | Quote | Chart | News | PowerRating) |
92 | 35.52 | 620,300 | 603,604 |
3 Month RS of 30 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| St. Jude Medical | ( STJ | Quote | Chart | News | PowerRating) |
21 | 32.68 | 1,752,300 | 4,984,200 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Stmicroelectronics | ( STM | Quote | Chart | News | PowerRating) |
89 | 24.59 | 2,199,600 | 2,571,300 |
| Adtran | ( ADTN | Quote | Chart | News | PowerRating) |
90 | 31.15 | 544,600 | 682,201 |
| Benchmark Electronic | ( BHE | Quote | Chart | News | PowerRating) |
82 | 29.00 | 480,300 | 388,800 |
| Sealed Air | ( SEE | Quote | Chart | News | PowerRating) |
86 | 21.84 | 1,128,400 | 3,060,000 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Amerisourcebergen | ( ABC | Quote | Chart | News | PowerRating) |
28 | 57.70 | 1,600,500 | 3,006,800 |
| Hilb Rogal Hamilton | ( HRH | Quote | Chart | News | PowerRating) |
23 | 37.44 | 305,100 | 278,300 |
| Moody’s | ( MCO | Quote | Chart | News | PowerRating) |
21 | 43.07 | 857,700 | 1,169,600 |
Best of luck with your trading Monday. Please
use protective stops on trades.