Monday’s Top Names
The indices have held up
fairly well over a difficult week. The
Dow Industrials
(
$INDU |
Quote |
Chart |
News |
PowerRating) are touching the top of a flag pattern, and the
Nasdaq
(
$COMPX |
Quote |
Chart |
News |
PowerRating) looks poised to continue higher out of a pullback.
Therefore, lean to the long side, but be ready to turn if the momentum does not
show up. Don’t be left without a chair when the music stops.
Hottest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: TheStreet.com Internet Index
(
$DOT.X |
Quote |
Chart |
News |
PowerRating)
and Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating).
Monday’s stocks to
watch:
3 Month RS of 80 and higher and close in top
part of
range
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Agilent Technologies | ( A | Quote | Chart | News | PowerRating) |
89 | 37.31 | 2,421,998 | 3,242,800 |
| Capital One Financial | ( COF | Quote | Chart | News | PowerRating) |
93 | 62.05 | 3,232,208 | 2,045,500 |
| Getty Images |
( GETY | Quote | Chart | News | PowerRating) |
88 | 28.17 | 471,669 |
422,300 |
| Novellus | ( NVLS | Quote | Chart | News | PowerRating) |
83 | 52.28 | 7,403,846 | 6,621,400 |
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 |
| ATT Canada | ( ATTC | Quote | Chart | News | PowerRating) |
19 | 26.04 | 981,348 | 4,162,300 |
| Brocade | ( BRCD | Quote | Chart | News | PowerRating) |
4 | 25.54 | 15,979,062 | 14,261,100 |
Electronics Boutique Holdings |
( ELBO | Quote | Chart | News | PowerRating) |
7 | 34.01 | 388.248 |
809,400 |
| Merck | ( MCK | Quote | Chart | News | PowerRating) |
19 | 59.75 | 6,752,462 | 26,547,700 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Grupo Televisia |
( TV | Quote | Chart | News | PowerRating) |
82 | 46.40 | 686,404 |
329,300 |
| Silicon Valley Bancshares | ( SIVB | Quote | Chart | News | PowerRating) |
86 | 30.40 | 567,280 | 575,700 |
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 |
| Mylan Labs | ( MYL | Quote | Chart | News | PowerRating) |
10 | 31.79 | 943,971 | 479,300 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Capital One Financial | ( COF | Quote | Chart | News | PowerRating) |
93 | 62.05 | 3,232,208 | 2,045,500 |
| Hotel Reservations Network | ( ROOM | Quote | Chart | News | PowerRating) |
98 | 64.27 | 419,466 | 286,200 |
| Weatherford International | ( WFT | Quote | Chart | News | PowerRating) |
89 | 47.95 | 1,656,948 | 1,271,500 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Intermune | ( ITMN | Quote | Chart | News | PowerRating) |
3 | 35.88 | 1,203,680 | 1,386,000 |
| Merck | ( MCK | Quote | Chart | News | PowerRating) |
19 | 59.75 | 6,752,462 | 26,547,700 |
| NetIQ | ( NTIQ | Quote | Chart | News | PowerRating) |
5 | 22.41 | 1,453,928 |
1,821,500 |
Â
Best of luck with your trading Monday. Please use
protective stops on trades.