Monday’s Top Names

The indices slid a little bit
into the close on Friday, but still appear to be in good shape.

Another factor is the amount of stocks moving from
the low RS list to the high RS list is increasing, which is normally a signal
things are starting to improve. Keep the first focus on the long side, and be
ready with the few stock still showing weakness if the sellers come in.

Hottest Sectors: Broker Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating)

and Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
.

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

and Computer Technology
(
$XCI.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

Doral Financial
(
DORL |
Quote |
Chart |
News |
PowerRating)
94 42.46 312,130 1,364,745
First National Financial
(
FNF |
Quote |
Chart |
News |
PowerRating)
89 30.67 609,052 1,029,300

Guidant Corp.

(
GDT |
Quote |
Chart |
News |
PowerRating)
94 36.82
2,886,325

2,337,800
Newell Rubbermaid
(
NWL |
Quote |
Chart |
News |
PowerRating)
95 35.18 1,648,045 1,588,100

 

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

DuPont Photomasks
(
DPMI |
Quote |
Chart |
News |
PowerRating)
5 24.37 273,550 109,544
KLA-Tencor
(
KLAC |
Quote |
Chart |
News |
PowerRating)
20 36.45 15,385,930 13,291,300

Mohawk Industries

(
MHK |
Quote |
Chart |
News |
PowerRating)
14 45.01
888,977

277,400
Telephone & Data Systems
(
TDS |
Quote |
Chart |
News |
PowerRating)
17 53.40 362,774 180,000


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

None Today

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

None Today

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

FLIR Systems
(
FLIR |
Quote |
Chart |
News |
PowerRating)
93 40.67 336,969 280,028
OSI Pharmaceuticals
(
OSIP |
Quote |
Chart |
News |
PowerRating)
96 32.58 874,239 904,000
United Surgical Partners
(
USPI |
Quote |
Chart |
News |
PowerRating)
96 30.39 370,459 352,929

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Quest Diagnostics
(
DGX |
Quote |
Chart |
News |
PowerRating)
11 58.11 1,468,435 1,317,900
Omnicom Group
(
OMC |
Quote |
Chart |
News |
PowerRating)
16 55.25 4,286,735 2,069,600

 

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