Friday’s Top Names
Choppy conditions ahead of
triple witching have made this a tough trading week.
In retrospect, this would have been a good week for
a vacation. If you trade Friday, be nimble and honor your stops. We never really
know what will happen in the market, so be ready for anything.
Hottest Sectors: Forest and Paper
(
$FPP.X |
Quote |
Chart |
News |
PowerRating)
and Cyclicals
(
$CYC.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Telecommunications
(
$XTC.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
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| ITT Industries | ( ITT | Quote | Chart | News | PowerRating) |
83 | 63.00 | 400,891 | 454,800 |
| L-3 Communications | ( LLL | Quote | Chart | News | PowerRating) |
81 | 114.24 | 648,812 | 631,900 |
Silicon Labs |
( SLAB | Quote | Chart | News | PowerRating) |
96 | 34.72 | 739,445 |
303,000 |
| Williams-Sonoma | ( WSM | Quote | Chart | News | PowerRating) |
83 | 47.66 | 623,432 | 313,300 |
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 |
| Black Box | ( BBOX | Quote | Chart | News | PowerRating) |
13 | 47.68 | 442,963 | 291,600 |
| Brocade | ( BRCD | Quote | Chart | News | PowerRating) |
5 | 27.02 | 16,041,214 | 12,155,100 |
| CACI International |
( CACI | Quote | Chart | News | PowerRating) |
16 | 35.31 | 597,169 |
654,800 |
| Quest Software | ( QSFT | Quote | Chart | News | PowerRating) |
9 | 18.43 | 1,126,042 | 2,436,100 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Digital Insight |
( DGIN | Quote | Chart | News | PowerRating) |
93 | 27.19 | 346,957 |
309,300 |
| Belo Corp. | ( BLC | Quote | Chart | News | PowerRating) |
87 | 23.80 | 495,928 | 467,500 |
| Petroleo Brasileiro | ( PBR | Quote | Chart | News | PowerRating) |
83 | 26.15 | 1,258,747 | 1,878,900 |
| Dillard’s Inc. | ( DDS | Quote | Chart | News | PowerRating) |
98 | 23.73 | 1,535,695 | 989,100 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Regeneron Pharmaceuticals | ( REGN | Quote | Chart | News | PowerRating) |
15 | 25.52 | 502,800 | 389,800 |
| O2 Micro | ( OIIM | Quote | Chart | News | PowerRating) |
13 | 22.30 | 581,800 | 389,800 |
| UTStarcom | ( UTSI | Quote | Chart | News | PowerRating) |
9 | 23.64 | 1,958,919 | 947,700 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Darden Restaurants | ( DRI | Quote | Chart | News | PowerRating) |
81 | 38.45 | 956,595 | 1,474,000 |
| Goodyear Tire | ( GT | Quote | Chart | News | PowerRating) |
83 | 27.65 | 1,280,078 | 1,936,300 |
| Williams-Sonoma | ( WSM | Quote | Chart | News | PowerRating) |
83 | 47.66 | 623,432 | 313,300 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Emulex | ( EMLX | Quote | Chart | News | PowerRating) |
12 | 29.25 | 10,220,314 | 11,249,200 |
| F5 Networks | ( FFIV | Quote | Chart | News | PowerRating) |
13 | 25.13 | 1,537,808 | 1,420,400 |
| OSI Pharmaceuticals |
( OSIP | Quote | Chart | News | PowerRating) |
16 | 40.75 | 637,828 |
987,000 |
Best of luck with your trading Friday. Please use
protective stops on trades.