Friday’s Top Names
Today’s weak close in
the indices leaves a heavy-feeling market. So while the bias is to
the short side, the best advice is, with these choppy conditions, be prepared to
play it both ways. Friday is triple witching, so it could be a volatile day.
Hottest Sectors:
Oil Index
(
$XOI.X |
Quote |
Chart |
News |
PowerRating) and Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and
Telecommunications
(
$XTC.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 |
Accenture |
( ACN | Quote | Chart | News | PowerRating) |
95 | 27.00 | 1,720,725 |
1,449,900 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
94 | 24.18 | 700,415 | 466,100 |
| O2 Micro |
[OIIM|OIIM} | 97 | 25.28 | 510,831 |
867,100 |
| Weatherford International | ( WFT | Quote | Chart | News | PowerRating) |
88 | 42.35 | 1,638,992 | 2,461,200 |
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 |
| American Healthways | [AMHC|AMHC | 5 | 21.37 | 274,967 | 670,200 |
| Black Box | ( BBOX | Quote | Chart | News | PowerRating) |
16 | 48.06 | 400,757 | 532,200 |
| Cabot Microelectronics |
( CCMP | Quote | Chart | News | PowerRating) |
13 | 59.29 | 1,135,872 |
2,014,800 |
| Neurocrine Biosciences | ( NBIX | Quote | Chart | News | PowerRating) |
12 | 37.01 | 733,132 | 511,100 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Weatherford International | ( WFT | Quote | Chart | News | PowerRating) |
88 | 42.35 | 1,638,992 | 2,461,200 |
| Starwood Hotels | ( HOT | Quote | Chart | News | PowerRating) |
90 | 33.95 | 1,748,304 | 1,223,200 |
| Pulte Homes | ( PHM | Quote | Chart | News | PowerRating) |
88 | 48.77 | 506,990 | 656,900 |
| DR Horton | ( DHI | Quote | Chart | News | PowerRating) |
96 | 37.35 | 1,906,814 | 1,039,700 |
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 |
| Celera Genomics | ( CRA | Quote | Chart | News | PowerRating) |
11 | 21.90 | 832,304 | 698,700 |
| American Eagle Outfitters | ( AEOS | Quote | Chart | News | PowerRating) |
8 | 25.06 | 1,867,538 | 1,482,400 |
| Regeneron Pharmaceuticals | ( REGN | Quote | Chart | News | PowerRating) |
19 | 24.40 | 939,204 | 1,138,800 |
| International Business Machines | ( IBM | Quote | Chart | News | PowerRating) |
14 | 107.89 | 24,767,723 | 7,984,600 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Brunswick | ( BC | Quote | Chart | News | PowerRating) |
85 | 26.06 | 497,042 | 854,200 |
| Dean Foods | ( DF | Quote | Chart | News | PowerRating) |
94 | 65.03 | 434,715 | 775,900 |
| Oxford Health | ( OHP | Quote | Chart | News | PowerRating) |
93 | 40.31 | 960,437 | 861,400 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Genzyme | ( GENZ | Quote | Chart | News | PowerRating) |
5 | 45.01 | 5,417,154 | 4,396,600 |
| Human Genome Sciences | ( HGSI | Quote | Chart | News | PowerRating) |
1 | 25.31 | 2,953,328 | 4,942,300 |
| Scios | ( SCIO | Quote | Chart | News | PowerRating) |
10 | 20.55 | 814,997 |
427,400 |
Â
Best of luck with your trading Friday. Please use
protective stops on trades.