Monday’s Top Names

Nothing has changed since Thursday
night.
The absence of buyers continues to
pressure the market, and makes that area the direction of focus. When the buyers
do show up, we will have our longs ready and put them to work.

Hottest Sectors: Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating)
and Gold
and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
and
Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
.

Monday’s stocks to
watch:


3 Month RS of 80 and higher and close in top
part of
range


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Autozone
(
AZO |
Quote |
Chart |
News |
PowerRating)
91 81.27 1,282,085 1,174,700
Boston Scientific
(
BSX |
Quote |
Chart |
News |
PowerRating)
95 35.14 2,301,620 3,746,600

Overture Services

(
OVER |
Quote |
Chart |
News |
PowerRating)
94 23.40
1,453,631

1,690,300
Performance Food Group
(
PFG |
Quote |
Chart |
News |
PowerRating)
84 35.76 434,574 716,700

 

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

 Computer Sciences Corp.
(
CSC |
Quote |
Chart |
News |
PowerRating)
8 26.01 1,320,520 1,853,800
Household International
(
HI |
Quote |
Chart |
News |
PowerRating)
10 24.66 5,172,022 5,539,800
MDC
Holdings

(
MDC |
Quote |
Chart |
News |
PowerRating)
20 32.91
248,668

239,500
RJ Reynolds Tobacco
(
RJR |
Quote |
Chart |
News |
PowerRating)
20 35.10 1,235,480 2,547,000


3 Month RS of 80
and higher with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

KT Corp.
(
KTC |
Quote |
Chart |
News |
PowerRating)
84 21.40 911,943 741,300
Dean Foods
(
DF |
Quote |
Chart |
News |
PowerRating)
93 40.10 813,880 877,900
Dentsply International
(
XRAY |
Quote |
Chart |
News |
PowerRating)
91 41.51 631,811 867,106

 

3 Month RS of 20 and lower with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

DST Systems
(
DST |
Quote |
Chart |
News |
PowerRating)
18 24.78 568,211 1,363,000
Cytec Industries
(
CYT |
Quote |
Chart |
News |
PowerRating)
20 20.09 228,218 315,200
 Computer Sciences Corp.
(
CSC |
Quote |
Chart |
News |
PowerRating)
8 26.01 1,320,520 1,853,800
Tech Data
(
TECD |
Quote |
Chart |
News |
PowerRating)
16 25.53 754,995 975,061

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume


Edwards Life Sciences

(
EW |
Quote |
Chart |
News |
PowerRating)
95 25.85
371,226

329,000
InVision Technologies
(
INVN |
Quote |
Chart |
News |
PowerRating)
96 30.51 1,026,388 856,158
Renaissancere, Ltd.
(
RNR |
Quote |
Chart |
News |
PowerRating)
89 38.94 409,574 547,000

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

New Century Financial
(
NCEN |
Quote |
Chart |
News |
PowerRating)
19 18.92 682,752 2,145,525
OM Group
(
OMG |
Quote |
Chart |
News |
PowerRating)
18 41.15 225,632 211,100
RJ Reynolds Tobacco
(
RJR |
Quote |
Chart |
News |
PowerRating)
20 35.10 1,235,480 2,547,000

 

Best of luck with your trading Monday. Please use
protective stops on trades.