Monday’s Top Names
Friday was a great example of
how fast things can change, and why it’s great to be a daytrader.
The better-than-expected unemployment number
provided the impetus for an early rally, and some quick profits. A great trader
once said “markets turn on a dime, most traders cannot”. This is so true, and
why you have to prepare for each day and be ready.
Hottest Sectors: Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
and Technology
(
$PSE.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Drugs
(
$DRG.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 |
| Accredo Health | ( ACDO | Quote | Chart | News | PowerRating) |
80 | 52.05 | 809,126 | 493,273 |
| Cognizant Technology Solutions | ( CTSH | Quote | Chart | News | PowerRating) |
98 | 60.54 | 380,593 | 458,558 |
Harrah’s Entertainment |
( HET | Quote | Chart | News | PowerRating) |
82 | 47.79 | 1,234,720 |
761,800 |
| Michael’s Stores | ( MIK | Quote | Chart | News | PowerRating) |
96 | 48.35 | 714,471 | 1,164,300 |
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 |
| AMN Healthcare | ( AHS | Quote | Chart | News | PowerRating) |
20 | 21.00 | 415,165 | 732,400 |
| General Dynamics | ( GD | Quote | Chart | News | PowerRating) |
18 | 77.00 | 2,179,074 | 2,155,800 |
Linear Technology Corp. |
( LLTC | Quote | Chart | News | PowerRating) |
11 | 23.75 | 8,014,048 |
3,314,800 |
| TransOcean Sedco | ( RIG | Quote | Chart | News | PowerRating) |
9 | 22.12 | 2,772,675 | 3,618,400 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Wal-Mart | ( WMT | Quote | Chart | News | PowerRating) |
83 | 52.78 | 10,456,265 | 7,412,800 |
| Intuit | ( INTU | Quote | Chart | News | PowerRating) |
91 | 46.41 | 3,835,537 | 2,617,500 |
| Apollo Group | ( APOL | Quote | Chart | News | PowerRating) |
96 | 41.70 | 2,305,512 | 1,731,300 |
| Home Depot | ( HD | Quote | Chart | News | PowerRating) |
83 | 33.25 | 14,318,911 | 10,087,900 |
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 |
| TransOcean Sedco | ( RIG | Quote | Chart | News | PowerRating) |
9 | 22.12 | 2,772,675 | 3,618,400 |
| Linear Technology Corp. | ( LLTC | Quote | Chart | News | PowerRating) |
11 | 23.75 | 8,014,048 | 3,314,800 |
| Baxter International | ( BAX | Quote | Chart | News | PowerRating) |
17 | 35.20 | 4,056,151 | 2,093,300 |
| Verizon Communications | ( VZ | Quote | Chart | News | PowerRating) |
19 | 29.83 | 8,341,097 | 4,778,100 |
Â
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Lear Corp. | ( LEA | Quote | Chart | News | PowerRating) |
92 | 47.84 | 595,178 | 551,200 |
| Payless Shoe Source | ( PSS | Quote | Chart | News | PowerRating) |
91 | 56.03 | 270,085 | 568,200 |
| Westwood One | ( WON | Quote | Chart | News | PowerRating) |
82 | 36.18 | 621,732 | 478,200 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Baxter International | ( BAX | Quote | Chart | News | PowerRating) |
17 | 35.20 | 4,056,151 | 2,093,300 |
| AMN Healthcare | ( AHS | Quote | Chart | News | PowerRating) |
20 | 21.00 | 415,165 | 732,400 |
Â
Best of luck with your trading Monday. Please use
protective stops on trades.