Monday’s Top Names
The major markets traded in a
tight range for most of the day but all ended up with the S&P and DOW closing
near the highs.
We have three CVR
sell signals setting up for Monday (CVR-3, CVR-8 & CVR-11)
so you may want to tighten the stops on your longs and be on the look out for
shorting opportunities.
Hottest Sectors:Â Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors:Â Oil Service
(
$OSX.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 |
| Rockwell Collins | ( COL | Quote | Chart | News | PowerRating) |
90 | 26.22 | 491,557 | 265,900 |
| Coventry Health | ( CVH | Quote | Chart | News | PowerRating) |
91 | 30.15 | 386,140 | 286,200 |
| Dollar Tree Stores | ( DLTR | Quote | Chart | News | PowerRating) |
89 | 39.33 | 1,008,308 | 804,000 |
Flowserve |
( FLS | Quote | Chart | News | PowerRating) |
89 |
33.98 |
454,788 |
295,600 |
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 |
| Brocade | ( BRCD | Quote | Chart | News | PowerRating) |
4 | 22.00 | 18,673,860 | 17,696,800 |
| Brooks Automation | ( BRKS | Quote | Chart | News | PowerRating) |
6 | 36.10 | 863,405 | 829,100 |
| KLA-Tencor | ( KLAC | Quote | Chart | News | PowerRating) |
18 | 60.11 | 12,703,300 | 12,298,346 |
Marsh Mclennan |
( MMC | Quote | Chart | News | PowerRating) |
18 |
103.38 |
1,000,854 |
760,500 |
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 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
89 | 30.95 | 911,533 | 1,032,100 |
| Barrick Gold | ( ABX | Quote | Chart | News | PowerRating) |
89 | 21.97 | 3,534,133 | 4,318,500 |
| Newmont Mining | ( NEM | Quote | Chart | News | PowerRating) |
82 | 29.45 | 4,925,414 | 5,391,900 |
| Bank of America | ( BAC | Quote | Chart | News | PowerRating) |
81 | 76.90 | 7,252,014 | 8,800,700 |
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 |
| Verizon | ( VZ | Quote | Chart | News | PowerRating) |
14 | 43.14 | 9,816,095 | 8,278,500 |
| SAP | ( SAP | Quote | Chart | News | PowerRating) |
9 | 30.21 | 1,511,885 | 1,262,100 |
| Sabre Holdings | ( TSG | Quote | Chart | News | PowerRating) |
11 | 38.92 | 1,175,580 | 1,178,200 |
| Echo Star | ( DISH | Quote | Chart | News | PowerRating) |
15 | 24.52 | 3,635,161 | 3,146,800 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Coca Cola Ent. | ( CCE | Quote | Chart | News | PowerRating) |
80 | 22.43 | 962,155 | 2,023,900 |
| Coach | ( COH | Quote | Chart | News | PowerRating) |
84 | 59.88 | 354,662 | 355,300 |
| Pacificare | ( PHSY | Quote | Chart | News | PowerRating) |
94 | 30.06 | 1,333,022 | 3,650,600 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Cox Comm. |
( COX | Quote | Chart | News | PowerRating) |
19 |
33.49 |
1,510,983 |
1,411,200 |
| Genesis Microchip | ( GNSS | Quote | Chart | News | PowerRating) |
2 | 27.90 | 4,295,742 | 2,171,500 |
| Micron | ( MU | Quote | Chart | News | PowerRating) |
3 | 25.01 | 9,684,508 | 6,908,700 |
Â
Best of luck with your trading Monday. Please
use protective stops on every trade.