Monday’s Top Names

The band may be stretched too
far to the downside, as we have CVR II, III and VI buy signals triggering
Friday night.

With three signals in play, the bias is firmly to
the upside. Focus on the long candidates first, then see where the big boys want
to take things. If the bears win the battle, we will have or shorts ready to go.

Hottest Sectors: Forest and Paper
(
$FPP.X |
Quote |
Chart |
News |
PowerRating)

and Broker/Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)

and Utilities
(
$UTY.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

Cooper Companies
(
COO |
Quote |
Chart |
News |
PowerRating)
96 52.59 250,455 237,100
Engineered Support Systems
(
EASI |
Quote |
Chart |
News |
PowerRating)
97 57.75 209,478 215,900

International Game Technology

(
IGT |
Quote |
Chart |
News |
PowerRating)
92 66.29
959,194

1,387,300
Meredith Corp.
(
MDP |
Quote |
Chart |
News |
PowerRating)
93 44.63 206,265 475,300

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

BISYS Group
(
BSG |
Quote |
Chart |
News |
PowerRating)
9 18.60 995,378 2,648,800
KLA-Tencor
(
KLAC |
Quote |
Chart |
News |
PowerRating)
8 28.01 15,721,771 13,914,556
NCR
Corp.

(
NCR |
Quote |
Chart |
News |
PowerRating)
13 22.33
872,043

1,695,500
Radian Group
(
RDN |
Quote |
Chart |
News |
PowerRating)
12 32.90 673,249 1,135,500


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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Southern Company
(
SO |
Quote |
Chart |
News |
PowerRating)
86 28.28 2,184,031 4,628,800
Abbott Labs
(
ABT |
Quote |
Chart |
News |
PowerRating)
91 41.80 5,129,208 8,818,500
Biomet
(
BMET |
Quote |
Chart |
News |
PowerRating)
84 28.09 2,378,954 4,277,154
Wal-Mart Stores
(
WMT |
Quote |
Chart |
News |
PowerRating)
81 54.70 10,194,412 17,149,400

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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

BJ’s Wholesale Club
(
BJ |
Quote |
Chart |
News |
PowerRating)
5 20.00 1,150,074 2,847,100
Citigroup
(
C |
Quote |
Chart |
News |
PowerRating)
16 26.83 24,864,805 43,626,900
Baxter International
(
BAX |
Quote |
Chart |
News |
PowerRating)
18 32.29 4,177,962 3,976,000
Household International
(
HI |
Quote |
Chart |
News |
PowerRating)
6 29.05 4,816,340 5,543,900

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Scholastic Corp.
(
SCHL |
Quote |
Chart |
News |
PowerRating)
81 44.96 419,947 1,729,214
Varian Medical Systems
(
VAR |
Quote |
Chart |
News |
PowerRating)
86 43.00 518,380 317,700
Willis Group Holdings
(
WSH |
Quote |
Chart |
News |
PowerRating)
85 31.48 649,169 430,900

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

BJ’s Wholesale Club
(
BJ |
Quote |
Chart |
News |
PowerRating)
5 20.00 1,150,074 2,847,100
The PMI Group
(
PMI |
Quote |
Chart |
News |
PowerRating)
20 27.67 744,035 1,364,100
The Shaw Group
(
SGR |
Quote |
Chart |
News |
PowerRating)
11 14.99 960,915 1,251,200

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