Monday’s Top Names

Friday’s weak close in the
bottom of the range in the indices indicates the party may be over.

The bounce from oversold may be only that – a
bounce. Wait for the move Monday then be a follower. No need to stick your neck
out too early.

Hottest Sectors: Oil Service
(
$XOI.X |
Quote |
Chart |
News |
PowerRating)
and
Cyclicals
(
$CYC.X |
Quote |
Chart |
News |
PowerRating)
.

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

Dollar Tree Stores
(
DLTR |
Quote |
Chart |
News |
PowerRating)
80 39.41 1,200,803 1,433,500
Intuit
(
INTU |
Quote |
Chart |
News |
PowerRating)
94 49.72 3,001,280 5,645,900

Principal Financial Group

(
PFG |
Quote |
Chart |
News |
PowerRating)
83 31.00
1,512,986

3,875,000
PPG Industries
(
PPG |
Quote |
Chart |
News |
PowerRating)
87 61.90 682,278 1,559,000

 

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

Abbott Labs
(
ABT |
Quote |
Chart |
News |
PowerRating)
9 37.65 5,560,648 6,157,000
Eli Lilly
(
LLY |
Quote |
Chart |
News |
PowerRating)
16 56.40 3,665,486 7,012,500

KLA-Tencor

(
KLAC |
Quote |
Chart |
News |
PowerRating)
7 43.99
13,063,049

12,484,300
QLogic
(
QLGC |
Quote |
Chart |
News |
PowerRating)
10 38.10 10,483,137 11,437,700


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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Cross Country
(
CCRN |
Quote |
Chart |
News |
PowerRating)
87 37.80 364,295 1,317,300
Corinthian Colleges
(
COCO |
Quote |
Chart |
News |
PowerRating)
99 33.89 607,300 1,298,100

Principal Financial Group

(
PFG |
Quote |
Chart |
News |
PowerRating)
83 31.00
1,512,986

3,875,000
Anthem
(
ATH |
Quote |
Chart |
News |
PowerRating)
82 67.22 1,376,213 2,230,500

 

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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Eli Lilly
(
LLY |
Quote |
Chart |
News |
PowerRating)
16 56.40 3,665,486 7,012,500
Guidant
(
GDT |
Quote |
Chart |
News |
PowerRating)
7 30.23 3,421,527 2,491,200
Genentech
(
DNA |
Quote |
Chart |
News |
PowerRating)
14 33.50 2,954,172 2,585,300
Bristol-Meyers Squibb
(
BMY |
Quote |
Chart |
News |
PowerRating)
8 25.70 10,726,440 8,421,700

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

CACI International
(
CACI |
Quote |
Chart |
News |
PowerRating)
88 38.19 720,392 849,800
Lennar Corp.
(
LEN |
Quote |
Chart |
News |
PowerRating)
93 61.20 1,136,677 1,307,700

Principal Financial Group

(
PFG |
Quote |
Chart |
News |
PowerRating)
83 31.00
1,512,986

3,875,000

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Allegheny Energy
(
AYE |
Quote |
Chart |
News |
PowerRating)
11 25.75 844,565 5,698,200
KLA-Tencor
(
KLAC |
Quote |
Chart |
News |
PowerRating)
7 43.99 13,063,049 12,484,300
Teradyne
(
TER |
Quote |
Chart |
News |
PowerRating)
8 23.50 3,038,295 2,811,900

 

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