Monday’s Top Names
Continued weakness in the
indices continue to point to more downside action.
Many of the downside names still have room to move
lower, so concentrate there and let the longs shape up where they do if buyers
happen to come in on Monday.
Hottest Sectors: Drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating) and
Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Cyclicals
(
$CYC.X |
Quote |
Chart |
News |
PowerRating) and
Banks
(
$BKX.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 |
| American Water Works | ( AWK | Quote | Chart | News | PowerRating) |
80 | 43.95 | 420,652 | 332,800 |
| Genentech | ( DNA | Quote | Chart | News | PowerRating) |
91 | 33.23 | 2,752,978 | 2,205,700 |
| Mylan Labs |
( MYL | Quote | Chart | News | PowerRating) |
94 | 32.45 | 922,438 |
1,052,400 |
| United Surgical Partners | ( USPI | Quote | Chart | News | PowerRating) |
95 | 28.80 | 410,807 | 160,179 |
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 |
| Affiliated Computer Services | ( ACS | Quote | Chart | News | PowerRating) |
20 | 43.00 | 1,347,575 | 1,221,500 |
| Expedia.com | ( EXPE | Quote | Chart | News | PowerRating) |
7 | 42.80 | 2,704,790 | 2,394,800 |
| Maxim Integrated Products |
( MXIM | Quote | Chart | News | PowerRating) |
17 | 30.00 | 8,371,448 |
14,383,700 |
| Hotels.com | ( ROOM | Quote | Chart | News | PowerRating) |
20 | 39.15 | 948,207 | 1,038,090 |
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 |
| Celgene | ( CELG | Quote | Chart | News | PowerRating) |
83 | 17.43 | 1,018,366 | 1,094,800 |
| Dreyer’s Grand Ice Cream | ( DRYR | Quote | Chart | News | PowerRating) |
98 | 68.00 | 393,907 | 530,700 |
| United Surgical Partners | ( USPI | Quote | Chart | News | PowerRating) |
95 | 28.80 | 410,807 | 160,179 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| General Motors | ( GM | Quote | Chart | News | PowerRating) |
19 | 43.28 | 5,145,245 | 5,302,500 |
| Mohawk Industries | ( MHK | Quote | Chart | News | PowerRating) |
12 | 43.68 | 883,258 | 540,700 |
| Sabre Holdings | ( TSG | Quote | Chart | News | PowerRating) |
4 | 24.54 | 1,166,326 | 1,169,400 |
Â
Best of luck with your trading Monday. Please use
protective stops on trades.