Friday’s Top Names
The daily charts did not
disappoint, as they were hinting at downside pressure, and that’s what we got.
Friday looks like another retest of the
previous low, so keep your focus on the down action for now, until another
catalyst shows up to boost us higher.
Hottest Sectors: Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and
Semiconductors
(
$SOX.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 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
99 | 27.48 | 800,526 | 1,758,100 |
| Deere & Co. | ( DE | Quote | Chart | News | PowerRating) |
85 | 48.25 | 1,791,288 | 2,720,600 |
Harrah’s Entertainment |
( HET | Quote | Chart | News | PowerRating) |
82 | 48.54 | 1,192,272 |
1,094,400 |
| InVision Technologies | ( INVN | Quote | Chart | News | PowerRating) |
99 | 33.91 | 913,963 | 2,361,100 |
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 |
| Analog Devices | ( ADI | Quote | Chart | News | PowerRating) |
15 | 23.51 | 3,451,458 | 2,843,700 |
| Baxter International | ( BAX | Quote | Chart | News | PowerRating) |
17 | 32.59 | 4,070,223 | 6,669,200 |
KLA-Tencor |
( KLAC | Quote | Chart | News | PowerRating) |
5 | 31.55 | 15,671,703 |
1,176,000 |
| Maxim Integrated Products | ( MXIM | Quote | Chart | News | PowerRating) |
12 | 28.05 | 9,273,621 | 7,877,700 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cox Communications | ( COX | Quote | Chart | News | PowerRating) |
82 | 27.60 | 2,865,986 | 2,461,600 |
| Deere & Co. | ( DE | Quote | Chart | News | PowerRating) |
85 | 48.25 | 1,791,288 | 2,720,600 |
| Sysco Corp. | ( SYY | Quote | Chart | News | PowerRating) |
85 | 30.45 | 2,201,337 | 3,429,200 |
| Cooper Tire | ( CTB | Quote | Chart | News | PowerRating) |
81 | 21.16 | 384,629 | 588,300 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
11 | 22.40 | 2,539,017 | 2,232,500 |
| Fleet Boston Financial | ( FBF | Quote | Chart | News | PowerRating) |
15 | 22.86 | 5,807,255 | 2,975,100 |
| SBC Communications | ( SBC | Quote | Chart | News | PowerRating) |
14 | 24.85 | 9,243,563 | 6,101,200 |
| Alcoa | ( AA | Quote | Chart | News | PowerRating) |
10 | 22.77 | 4,320,857 | 2,902,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
99 | 27.48 | 800,526 | 1,758,100 |
| J.Jill Group | ( JILL | Quote | Chart | News | PowerRating) |
98 | 21.29 | 386,286 | 571,700 |
| Rehabcare Group | ( RHB | Quote | Chart | News | PowerRating) |
88 | 23.17 | 227,157 | 100,200 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Quest Diagnostics | ( DGX | Quote | Chart | News | PowerRating) |
8 | 55.90 | 1,431,894 | 620,900 |
| Novellus | ( NVLS | Quote | Chart | News | PowerRating) |
5 | 23.64 | 10,228,594 | 5,741,400 |
| Fleet Boston Financial | ( FBF | Quote | Chart | News | PowerRating) |
15 | 22.86 | 5,807,255 | 2,975,100 |
Best of luck with your trading Friday. Please use
protective stops on trades.