Monday’s Top Names

Friday’s lukewarm close leaves
a bearish tail in the Nasdaq Composite
(
$COMPX |
Quote |
Chart |
News |
PowerRating)
and the Dow Industrials
(
$INDU |
Quote |
Chart |
News |
PowerRating)
appear to lack any support down to the September lows, so it may
play catch up to the Naz.

Just remember to trade what you see, and don’t fall
into the trap of any hype. Stay on your toes.   

Hottest Sectors: Telecommunications
(
$XTC.X |
Quote |
Chart |
News |
PowerRating)

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

Weakest Sectors: Utilities
(
$UTY.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

Doral Financial
(
DORL |
Quote |
Chart |
News |
PowerRating)
88 37.15 304,894 583,900
Kroll, Inc.
(
KROL |
Quote |
Chart |
News |
PowerRating)
99 24.10 493,538 139,000
SK
Telecom

(
SKM |
Quote |
Chart |
News |
PowerRating)
94 25.95
585,251

503,500
Trigon Healthcare
(
TGH |
Quote |
Chart |
News |
PowerRating)
94 97.90 559,340 650,500

 

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

Cabot Microelectronics
(
CCMP |
Quote |
Chart |
News |
PowerRating)
8 36.76 1,484,026 1,794,200
Murphy Oil
(
MUR |
Quote |
Chart |
News |
PowerRating)
15 69.80 283,628 601,400
Sonic
Automotive

(
SAH |
Quote |
Chart |
News |
PowerRating)
19 22.85
552,278

798,400
Veeco Instruments
(
VECO |
Quote |
Chart |
News |
PowerRating)
9 18.05 578,500 1,444,700


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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Constellation Brands
(
STZ |
Quote |
Chart |
News |
PowerRating)
89 29.25 697,290 442,000
ATT Canada
(
ATTC |
Quote |
Chart |
News |
PowerRating)
94 31.52 602,438 627,300
Bowater
(
BOW |
Quote |
Chart |
News |
PowerRating)
81 49.20 604,804 587,600
First Tennessee National
(
FTN |
Quote |
Chart |
News |
PowerRating)
82 36.75 467,519 430,900

 

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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

THQ
Inc.

(
THQI |
Quote |
Chart |
News |
PowerRating)
10 24.34
1,189,061

1,070,600
Sunguard Data Systems
(
SDS |
Quote |
Chart |
News |
PowerRating)
15 23.67 2,024,252 2,133,100

Navistar

(
NAV |
Quote |
Chart |
News |
PowerRating)
12 30.06
573,333

306,500
EDO Corp.
(
EDO |
Quote |
Chart |
News |
PowerRating)
6 20.34 311,995 349,400

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Doral Financial
(
DORL |
Quote |
Chart |
News |
PowerRating)
88 37.15 304,894 583,900
J.B. Hunt
(
JBHT |
Quote |
Chart |
News |
PowerRating)
80 28.10 544,655 914,400
Posco
(
PKX |
Quote |
Chart |
News |
PowerRating)
87 29.52 369,102 444,200

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Lincoln National Corp. [LNC|LNC} 18 37.41 977,409 640,100
Polo Ralph Lauren
(
RL |
Quote |
Chart |
News |
PowerRating)
12 19.98 458,902 801,400
Veeco Instruments
(
VECO |
Quote |
Chart |
News |
PowerRating)
9 18.05 578,500 1,444,700

 

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