Friday’s Top Names
Conflicting signals
again tonight with two
CVR buy signals on the Market Bias indicators, along
with a red arrow on the Momentum Index Indicator. Combine this with a
heavy-feeling market with a pattern of mid-day rallies and late-day sell offs,
and you can play it both ways as long as the volatility is there, which it was
Thursday. Just remember to use stops and trade with the market.
Hottest Sectors:
Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Airlines
(
$XAL.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Oil Service
(
$OSX.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 |
| Ann Taylor Stores |
( ANN | Quote | Chart | News | PowerRating) |
95 | 40.94 | 686,695 |
3,597,500 |
| Emmis Communications | ( EMMS | Quote | Chart | News | PowerRating) |
92 | 24.57 | 810,092 | 650,200 |
| Fred, Inc. |
( FRED | Quote | Chart | News | PowerRating) |
85 | 29.76 | 158,421 |
368,300 |
| Oxford Health | ( OHP | Quote | Chart | News | PowerRating) |
92 | 39.60 | 1,047,523 | 1,550,700 |
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 |
| Genzyme | ( GENZ | Quote | Chart | News | PowerRating) |
4 | 39.11 | 5,215,114 | 9,147,600 |
| ICOS, Inc. | ( ICOS | Quote | Chart | News | PowerRating) |
2 | 42.31 | 1,352,482 | 1,217,600 |
| KOS Pharmaceuticals |
( KOSP | Quote | Chart | News | PowerRating) |
6 | 19.56 | 298,600 |
526,900 |
| Mercury Computer | ( MRCY | Quote | Chart | News | PowerRating) |
8 | 32.73 | 389,328 | 1,000,300 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| F5 Networks | ( FFIV | Quote | Chart | News | PowerRating) |
94 | 20.93 | 1,500,500 | 1,516,540 |
| Emmis Communications | ( EMMS | Quote | Chart | News | PowerRating) |
92 | 24.57 | 810,092 | 650,200 |
| AngloGold | ( AU | Quote | Chart | News | PowerRating) |
90 | 23.65 | 786,390 | 1,106,100 |
| Ryder | ( R | Quote | Chart | News | PowerRating) |
88 | 25.39 | 546,760 | 701,900 |
Â
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| SeaChange International | ( SEAC | Quote | Chart | News | PowerRating) |
20 | 24.60 | 804,110 | 661,500 |
| Electronic Data Services | ( EDS | Quote | Chart | News | PowerRating) |
14 | 59.00 | 4,365,470 | 6,985,400 |
International Business Machines |
( IBM | Quote | Chart | News | PowerRating) |
17 | 103.91 |
25,819,450 |
11,408,000 |
| EOG Resources | ( EOG | Quote | Chart | News | PowerRating) |
13 | 31.80 | 1,397,775 | 592,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Anthem | ( ATH | Quote | Chart | News | PowerRating) |
80 | 57.60 | 863,542 | 907,700 |
| Oxford Health | ( OHP | Quote | Chart | News | PowerRating) |
92 | 39.60 | 1,047,523 | 1,550,700 |
| Raytheon | ( RTH | Quote | Chart | News | PowerRating) |
83 | 37.48 | 2,286,177 | 2,489,500 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Genzyme | ( GENZ | Quote | Chart | News | PowerRating) |
4 | 41.34 | 5,198,014 | 6,289,300 |
| Metro One Communications | ( MTON | Quote | Chart | News | PowerRating) |
3 | 19.52 | 435,691 | 2,145,400 |
| Stellant, Inc. | ( STEL | Quote | Chart | News | PowerRating) |
10 | 16.85 | 420,802 | 1,772,000 |
Â
Best of luck with your trading Friday. Please use
protective stops on trades.