Monday’s Top Names
The markets
opened up mixed, as traders were hesitant in front of the Greenspan speech.
Once the Fed Chairman spoke, the markets began their trek lower for the session.
All the broader markets ended the week in the red, as fears of economic weakness
still persist.
Hottest Sectors: Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and
Pharmaceuticals
(
$DRG.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Oil Services
(
$OSX.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
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| ASM International |
( ASMI | Quote | Chart | News | PowerRating) |
95 | 22.34 | 580,590 | 418,900 |
| Genesis Microchip | ( GNSS | Quote | Chart | News | PowerRating) |
96 | 72.11 | 2,531,545 | 1,697,800 |
| InVision Technologies |
( INVN | Quote | Chart | News | PowerRating) |
98 | 27.75 | 2,663,636 | 1,833,100 |
| Manugistics | ( MANU | Quote | Chart | News | PowerRating) |
99 | 20.15 | 3,035,227 | 1,973,100 |
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 |
| ADRX Corp | ( ADRX | Quote | Chart | News | PowerRating) |
3 | 63.82 | 1,377,318 | 678,600 |
| Cubist Pharmaceuticals | ( CBST | Quote | Chart | News | PowerRating) |
6 | 33.36 | 680,727 | 203,300 |
| Electronics Boutique |
( ELBO | Quote | Chart | News | PowerRating) |
18 | 34.57 | 543,818 | 204,200 |
| Mercury Computer | ( MRCY | Quote | Chart | News | PowerRating) |
2 | 34.78 | 432,590 | 226,500 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| InVision Technologies | ( INVN | Quote | Chart | News | PowerRating) |
98 | 27.75 | 2,766,909 | 1,837,000 |
| Marvell Technology | ( MRVL | Quote | Chart | News | PowerRating) |
94 | 41.52 | 2,648,818 | 2,758,200 |
| Monolithic System Technology Inc. | ( MOSY | Quote | Chart | News | PowerRating) |
97 | 21.13 | 518,636 | 419,300 |
| Verity Inc. | ( VRTY | Quote | Chart | News | PowerRating) |
96 | 21.99 | 508,318 | 648,600 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Mercury Computer | ( MRCY | Quote | Chart | News | PowerRating) |
4 | 34.78 | 432,590 | 226,500 |
| NPS Pharmaceuticals | ( NPSP | Quote | Chart | News | PowerRating) |
8 | 33.75 | 323,954 | 356,400 |
| Airgate PCS | ( PCSA | Quote | Chart | News | PowerRating) |
2 | 33.37 | 556,863 | 698,400 |
| THQ Inc. | [THQI|THQI | 14 | 45.88 | 1,563,818 | 2,274,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| WebMethods | ( WEBM | Quote | Chart | News | PowerRating) |
99 | 21.96 | 1,206,090 | 1,088,700 |
| Dean Food Co. | ( DF | Quote | Chart | News | PowerRating) |
94 | 62.44 | 506,545 | 774,400 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Georgia Pacific |
( GP | Quote | Chart | News | PowerRating) |
10 | 24.16 | 1,917,545 | 4,102,000 |
| THQ Inc. |
( THQI | Quote | Chart | News | PowerRating) |
14 | 45.88 | 1,563,818 | 2,274,000 |
Best of luck with your trading Monday. Please use
protective stops on trades.