Monday’s Top Names
The major markets ended the
day mixed.
We have a CVR1
buy for Monday. Continue to be nimble in this market and play the path of least
resistance.
Hottest Sectors:Â Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) and Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors:Â Telecoms
(
$XTC.X |
Quote |
Chart |
News |
PowerRating)
and Airlines
(
$XAL.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 |
| Affiliated Computer | ( ACS | Quote | Chart | News | PowerRating) |
81 | 51.79 | 1,034,168 | 1,630,300 |
| Career Education | ( CECO | Quote | Chart | News | PowerRating) |
88 | 44.43 | 471,774 | 377,400 |
| Corinthian Colleges |
( COCO | Quote | Chart | News | PowerRating) |
99 | 28.67 | 210,659 | 377,100 |
Doral Financial |
( DORL | Quote | Chart | News | PowerRating) |
85 |
36.59 |
288,228 |
247,200 |
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 |
| Rudolph Tech | ( RTEC | Quote | Chart | News | PowerRating) |
1 | 21.23 | 399,618 | 637,800 |
| Argosy Gaming | ( AGY | Quote | Chart | News | PowerRating) |
11 | 25.50 | 415,008 | 1,005,900 |
| AMR | ( AMR | Quote | Chart | News | PowerRating) |
12 | 18.06 | 1,515,648 | 1,986,300 |
Â
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Barrick Gold | ( ABX | Quote | Chart | News | PowerRating) |
88 | 20.02 | 3,336,252 | 4,695,600 |
| AT&T Canada | ( ATTC | Quote | Chart | News | PowerRating) |
87 | 31.25 | 741,394 | 897,300 |
| Kroll | ( KROL | Quote | Chart | News | PowerRating) |
97 | 23.95 | 337,475 | 993,000 |
| Lincare Holdings | ( LNCR | Quote | Chart | News | PowerRating) |
82 | 29.86 | 948,122 | 1,138,800 |
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 |
| SAP | ( SAP | Quote | Chart | News | PowerRating) |
8 | 24.24 | 1,370,318 | 1,996,700 |
| PeopleSoft | ( PSFT | Quote | Chart | News | PowerRating) |
6 | 18.20 | 8,882,532 | 9,914,900 |
| LAM Research | ( LRCX | Quote | Chart | News | PowerRating) |
8 | 19.29 | 2,865,357 | 2,114,500 |
| Genzyme | ( GENZ | Quote | Chart | News | PowerRating) |
4 | 26.70 | 4,136,635 | 7,058,200 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Skechers | ( SKX | Quote | Chart | News | PowerRating) |
92 | 22.10 | 466,565 | 415,900 |
| Teva Pharma | ( TEVA | Quote | Chart | News | PowerRating) |
82 | 64.00 | 920,442 | 687,600 |
| AMBAC Fin. | ( ABK | Quote | Chart | News | PowerRating) |
86 | 78.90 | 658,611 | 1,117,300 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Ralph Lauren |
( RL | Quote | Chart | News | PowerRating) |
19 |
24.20 |
402,671 |
628,500 |
| Penn Nat’l Gaming | ( PENN | Quote | Chart | News | PowerRating) |
18 | 31.25 | 300,782 | 211,100 |
| PACCAR | ( PCAR | Quote | Chart | News | PowerRating) |
19 | 39.77 | 666,638 | 1,231,700 |
Â
Best of luck with your trading on Monday. Please
use protective stops on every trade.