Friday’s Top Names
The broader
markets moved higher Thursday as stocks resumed their push up during the first week of
the year. With the market bias
page showing an upward bias
we saw the markets rally out of the blocks in an impressive move in the session.
Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating) and
Airline Index
(
$XAL.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and Oil
Services
(
$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 |
| Atlantic Coast Airlines |
( ACAI | Quote | Chart | News | PowerRating) |
89 | 23.45 | 534,681 | 501,200 |
| Elantec | ( ELNT | Quote | Chart | News | PowerRating) |
83 | 23.78 | 561,500 | 374,500 |
| Freemarkets | ( FMKT | Quote | Chart | News | PowerRating) |
98 | 24.50 | 1,063,363 | 1,788,400 |
| Internet Security Systems | ( ISSX | Quote | Chart | News | PowerRating) |
99 | 34.43 | 2,438,318 | 2,534,400 |
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 |
| Amgen | ( AMGN | Quote | Chart | News | PowerRating) |
3 | 54.34 | 10,440,454 | 19,033,800 |
| Henry Schein | ( HSIC | Quote | Chart | News | PowerRating) |
6 | 37.31 | 461,500 | 1,069,400 |
| LifePoint Hospitals |
( LPNT | Quote | Chart | News | PowerRating) |
3 | 32.67 | 655,136 | 524,800 |
| Schering Plough | ( SGP | Quote | Chart | News | PowerRating) |
6 | 34.63 | 5,724,181 | 12,817,100 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Atlantic Coast Airlines | [ACAI|ACAI | 89 | 23.45 | 534,681 | 501,200 |
| Broadcom | ( BRCM | Quote | Chart | News | PowerRating) |
92 | 47.70 | 15,003,590 | 20,671,300 |
| Internet Security Solutions | ( ISSX | Quote | Chart | News | PowerRating) |
99 | 34.43 | 2,494,100 | 2,534,400 |
| Cree Inc. | ( CREE | Quote | Chart | News | PowerRating) |
95 | 32.33 | 1,642,500 | 1,599,600 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Safeco | ( SAFC | Quote | Chart | News | PowerRating) |
15 | 30.71 | 640,136 | 513,500 |
| Respironics | ( RESP | Quote | Chart | News | PowerRating) |
19 | 35.31 | 290,090 | 241,800 |
| Syncor International | ( SCOR | Quote | Chart | News | PowerRating) |
8 | 28.80 | 316,227 | 559,300 |
| Mercury Computer | ( MRCY | Quote | Chart | News | PowerRating) |
8 | 40.10 | 403,181 | 305,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cree | ( CREE | Quote | Chart | News | PowerRating) |
95 | 32.33 | 1,642,500 | 1,552,800 |
| ESS Technology | ( ESST | Quote | Chart | News | PowerRating) |
94 | 22.66 | 796,818 | 1,324,300 |
| Numerical Technologies | ( NMTC | Quote | Chart | News | PowerRating) |
95 | 36.88 | 539,000 | 772,600 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| LifePoint Hospitals |
( LPNT | Quote | Chart | News | PowerRating) |
3 | 32.67 | 655,136 | 524,800 |
| Novartis AG | ( NVS | Quote | Chart | News | PowerRating) |
8 | 35.29 | 358,818 | 575,800 |
Best of luck with your trading Wednesday. Please use
protective stops on trades.