Monday’s Top Names
Monday is an important day for
the indices. It should tell us whether we
have some more legs and could possibly get a summer rally or if the last couple
of days are simply a counter trend rally off the recent low last Tuesday.
Remember, our job as traders is not to predict, but to react.
Hottest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and
Drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Telecommunications
(
$XTC.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 |
| Amgen | ( AMGN | Quote | Chart | News | PowerRating) |
92 | 43.38 | 17,367,461 | 17,311,300 |
| eBay | ( EBAY | Quote | Chart | News | PowerRating) |
89 | 54.97 | 8,108,839 | 8,194,700 |
Performance Food Group |
( PFGC | Quote | Chart | News | PowerRating) |
96 | 34.58 | 413,562 |
483,194 |
| Wells Fargo | ( WFC | Quote | Chart | News | PowerRating) |
80 | 47.70 | 5,124,325 | 5,940,000 |
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 |
| Biovail Corp. | ( BVF | Quote | Chart | News | PowerRating) |
2 | 21.50 | 1,786,591 | 1,681,700 |
| Cerus Corp. | ( CERS | Quote | Chart | News | PowerRating) |
6 | 25.22 | 277,941 | 194,226 |
KLA-Tencor |
( KLAC | Quote | Chart | News | PowerRating) |
12 | 37.30 | 15,142,397 |
19,353,700 |
| NCR Crop. | ( NCR | Quote | Chart | News | PowerRating) |
4 | 23.00 | 697,768 | 2,765,700 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Pharmacia | ( PHA | Quote | Chart | News | PowerRating) |
96 | 41.00 | 6,961,302 | 9,068,000 |
| Guidant Corp. | ( GDT | Quote | Chart | News | PowerRating) |
91 | 33.19 | 2,790,188 | 1,469,200 |
| Zimmer Holdings | ( ZMH | Quote | Chart | News | PowerRating) |
95 | 35.28 | 769,606 | 1,502,000 |
| Tricon Global Restaurants | ( YUM | Quote | Chart | News | PowerRating) |
86 | 29.22 | 1,017,685 | 1,578,100 |
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 |
Capital One Financial |
( COF | Quote | Chart | News | PowerRating) |
1 | 30.50 | 4,167,317 |
9,583,400 |
| Household International | ( HI | Quote | Chart | News | PowerRating) |
8 | 37.66 | 3,741,591 | 6,676,600 |
| JP Morgan Chase | ( JPM | Quote | Chart | News | PowerRating) |
7 | 22.25 | 10,123,051 | 18,050,500 |
| Best Buy | ( BBY | Quote | Chart | News | PowerRating) |
7 | 29.16 | 3,584,603 | 4,625,600 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| PMI Group | ( PMI | Quote | Chart | News | PowerRating) |
99 | 31.56 | 407,442 | 1,256,700 |
| Valassis Communications | ( VCI | Quote | Chart | News | PowerRating) |
81 | 34.63 | 280,623 | 283,600 |
| Zimmer Holdings | ( ZMH | Quote | Chart | News | PowerRating) |
95 | 35.28 | 769,606 | 1,502,000 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Capital One Financial |
( COF | Quote | Chart | News | PowerRating) |
1 | 30.50 | 4,167,317 |
9,583,400 |
| NCR Crop. | ( NCR | Quote | Chart | News | PowerRating) |
4 | 23.00 | 697,768 | 2,765,700 |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
5 | 24.01 | 1,938,355 | 2,522,800 |
Â
Best of luck with your trading Monday. Please use
protective stops on trades.