Friday’s Top Stocks
The markets
started off with a bang and never looked back Thursday. Green arrows
were all across the board as earnings announcements from key companies helped
propel the Nasdaq Composite, Dow Jones Industrials and the S&P 500 higher.
Tonight we go into the session with two new buy signals off the market bias
page, with both a CVR 2 and CVR 6
triggering.
Hottest Sectors:
Interactive Internet
(
$IIX.X |
Quote |
Chart |
News |
PowerRating) and GSTI Internet
(
$GIN.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Airlines
(
$XAL.X |
Quote |
Chart |
News |
PowerRating) and
Gold and Silver Index
(
$XAU.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 |
| Accredo Health |
( ACDO | Quote | Chart | News | PowerRating) |
96 | 50.96 | 540,500 | 723,400 |
| Brocade Communications | ( BRCD | Quote | Chart | News | PowerRating) |
97 | 36.50 | 16,664,272 | 10,391,000 |
| KLA Tenacor |
( KLAC | Quote | Chart | News | PowerRating) |
91 | 51.15 | 8,635,045 | 12,365,200 |
| Sage Incorporated | ( SAGI | Quote | Chart | News | PowerRating) |
97 | 38.81 | 393,409 | 273,000 |
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 |
| Amerada Hess Corp | ( AHC | Quote | Chart | News | PowerRating) |
10 | 58.64 | 735,590 | 484,000 |
| Metro One Telecommunications | ( MTON | Quote | Chart | News | PowerRating) |
17 | 26.14 | 466,909 | 472,400 |
| Indymac Bancorp |
( NDE | Quote | Chart | News | PowerRating) |
5 | 22.62 | 417,090 | 204,000 |
| Schering Plough Corp | ( SGP | Quote | Chart | News | PowerRating) |
10 | 33.57 | 6,324,318 | 5,114,200 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Affymetrix | ( AFFX | Quote | Chart | News | PowerRating) |
98 | 35.79 | 1,159,300 | 1,314,200 |
| Emulex Corp | ( EMLX | Quote | Chart | News | PowerRating) |
99 | 43.48 | 9,050,409 | 6,060,000 |
| Genesis Microchip | ( GNSS | Quote | Chart | News | PowerRating) |
96 | 68.21 | 2,568,227 | 3,767,700 |
| Invision Technologies | ( INVN | Quote | Chart | News | PowerRating) |
96 | 34.56 | 2,690,954 | 3,538,900 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Schering Plough Corp | ( SGP | Quote | Chart | News | PowerRating) |
10 | 33.57 | 6,324,318 | 3,880,800 |
| Boston Scientific | ( BSX | Quote | Chart | News | PowerRating) |
16 | 21.34 | 1,835,636 | 3,327,700 |
| Fluor Corp. | ( FLR | Quote | Chart | News | PowerRating) |
3 | 31.17 | 393,409 | 1,478,300 |
| TEVA Pharmaceuticals | ( TEVA | Quote | Chart | News | PowerRating) |
17 | 62.50 | 1,158,272 | 341,300 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| JDA Software |
( JDAS | Quote | Chart | News | PowerRating) |
94 | 27.59 | 348,045 | 484,300 |
| KLA Tencor |
( KLAC | Quote | Chart | News | PowerRating) |
91 | 51.15 | 8,635,045 | 12,429,200 |
| WebSense Incorporated |
( WBSN | Quote | Chart | News | PowerRating) |
97 | 29.85 | 523,500 | 160,700 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Amerada Hess Corp |
( AHC | Quote | Chart | News | PowerRating) |
10 | 58.64 | 735,590 | 484,000 |
Best of luck with your trading Friday. Please use
protective stops on trades.