Friday’s Top Names
The Semiconductor Index
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
was the leader in Thursday’s session.
This is a positive sign for the market, as it rallied into the close and we have
CVR buy signals on the Market Bias Indicators and Larry Connors’ VIX and
Volatility Service. There were not a great deal of long side candidates with
good pattern setups on the daily chart, so if these on the list do not trigger
and you see group strength in an area Friday, you can look for setups on the
intraday charts in those issues.
Hottest Sectors:
Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating) and Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Oil
(
$XOI.X |
Quote |
Chart |
News |
PowerRating) and
Cyclicals
(
$CYC.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 |
| eBay | ( EBAY | Quote | Chart | News | PowerRating) |
82 | 60.38 | 6,433,388 |
3,915,700 |
| H&R Block | ( HRB | Quote | Chart | News | PowerRating) |
83 | 47.65 | 1,137,634 | 1,635,700 |
Intuit |
( INTU | Quote | Chart | News | PowerRating) |
91 | 47.48 | 3,286,922 |
4,424,200 |
| Trigon Healthcare | ( TGH | Quote | Chart | News | PowerRating) |
92 | 95.71 | 553,806 | 424,200 |
Â
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 |
| Abbott Labs | ( ABT | Quote | Chart | News | PowerRating) |
12 | 31.65 | 5,739,671 | 6,782,100 |
| Federal Agriculture Mortgage | ( AGM | Quote | Chart | News | PowerRating) |
4 | 21.65 | 464,457 | 426,500 |
| Polo Ralph Lauren |
( RL | Quote | Chart | News | PowerRating) |
20 | 20.56 | 455,232 |
450,300 |
| Sabre Holdings | ( TSG | Quote | Chart | News | PowerRating) |
8 | 28.86 | 991,143 | 1,925,600 |
3 Month RS of 80 and
higher with volume surge in last hour
None Today
3 Month RS of 20 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 |
| H&R Block | ( HRB | Quote | Chart | News | PowerRating) |
83 | 47.65 | 1,137,634 | 1,635,700 |
| Telecom Brazil | ( TBH | Quote | Chart | News | PowerRating) |
94 | 22.48 | 419,365 | 881,500 |
| Trigon Healthcare | ( TGH | Quote | Chart | News | PowerRating) |
92 | 95.71 | 553,806 | 424,200 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| EDO Corp. | ( EDO | Quote | Chart | News | PowerRating) |
20 | 20.06 | 282,220 | 560,900 |
| Furniture Brands | ( FBN | Quote | Chart | News | PowerRating) |
13 | 27.14 | 504,940 | 744,700 |
| Home Depot | ( HD | Quote | Chart | News | PowerRating) |
11 | 31.40 | 9,416,791 | 23,381,500 |
Â
Best of luck with your trading Friday. Please
use protective stops on trades.