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