Monday’s Top Names
The indices’ strong close continues to point to more upside action.
Keep the focus on the long side, and there will be plenty of shorting
opportunities if the market does head back down. Daytrading is about capturing
short-term momentum, and right now that is to the upside.
Hottest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and
Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Oil Service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating) and
the Oil Index
(
$XOI.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 |
| The Biotech Holders ETF | ( BBH | Quote | Chart | News | PowerRating) |
91 | 87.45 | 1,752,951 | 1,034,600 |
| Cabot Microelectronics | ( CCMP | Quote | Chart | News | PowerRating) |
83 | 44.21 | 1,283,193 | 1,280,600 |
International Game Technology |
( IGT | Quote | Chart | News | PowerRating) |
89 | 75.19 | 983,395 |
1,324,400 |
| Everest RE Group | ( RE | Quote | Chart | News | PowerRating) |
92 | 61.49 | 518,209 | 617,300 |
Â
3 Month RS of 30 or lower
and close in bottom part of range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cigna | ( CI | Quote | Chart | News | PowerRating) |
20 | 37.00 | 1,110,714 | 36,668,200 |
| DRS Technologies | ( DRS | Quote | Chart | News | PowerRating) |
26 | 32.38 | 161,280 | 282,000 |
Helmerich and Payne |
( HP | Quote | Chart | News | PowerRating) |
29 | 26.85 | 381,100 |
331,600 |
| Pharmaceutical Resources | ( PRX | Quote | Chart | News | PowerRating) |
24 | 22.35 | 378,349 | 449,600 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Imation | ( IMN | Quote | Chart | News | PowerRating) |
95 | 41.53 | 407,735 | 1,275,600 |
| Merck | ( MRK | Quote | Chart | News | PowerRating) |
87 | 52.91 | 6,437,228 | 6,232,600 |
| Pfizer | ( PFE | Quote | Chart | News | PowerRating) |
91 | 31.90 | 18,023,283 | 5,706,900 |
| Neurocrine Biosciences | ( NBIX | Quote | Chart | News | PowerRating) |
92 | 41.72 | 691,634 | 625,100 |
Â
3 Month RS of 30 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Boeing Aerospace | ( BA | Quote | Chart | News | PowerRating) |
15 | 30.32 | 4,215,866 | 3,342,900 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Merck | ( MRK | Quote | Chart | News | PowerRating) |
87 | 52.91 | 6,437,228 | 6,232,600 |
| Stryker | ( SYK | Quote | Chart | News | PowerRating) |
93 | 64.03 | 745,260 | 834,600 |
| Varian Medical | ( VAR | Quote | Chart | News | PowerRating) |
92 | 47.98 | 455,771 | 948,700 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Helmerich and Payne |
( HP | Quote | Chart | News | PowerRating) |
29 | 26.85 | 381,100 |
331,600 |
| JetBlue Airways | ( JBLU | Quote | Chart | News | PowerRating) |
22 | 36.50 | 653,533 | 243,004 |
| Laboratory Holdings | ( LH | Quote | Chart | News | PowerRating) |
8 | 21.20 | 2,471,531 | 3,453,100 |
Â
Best of luck with your trading Monday. Please use
protective stops on trades.