Monday’s Top Names
The rally
continued Friday as the broader markets ended the first week of trading with an
impressive showing. Volume for the week was high, which
shows that money is flowing back into the markets, just like old times. Tonight,
no new bias signals triggered as we look ahead to a full week of trading
beginning Monday.
Hottest Sectors: Broker Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating) and
Airline Index
(
$XAL.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Pharmaceuticals
(
$DRG.X |
Quote |
Chart |
News |
PowerRating) and
Consumer
(
$CMR.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 |
| Aviron | ( AVIR | Quote | Chart | News | PowerRating) |
94 | 50.15 | 956,045 | 1,511,600 |
| Checkpoint Software | ( CHKP | Quote | Chart | News | PowerRating) |
91 | 45.37 | 8,900,454 | 9,827,400 |
| Manugistics | [MANU|MANU | 99 | 20.06 | 2,954,772 | 6,846,700 |
| WebSense | ( WBSN | Quote | Chart | News | PowerRating) |
98 | 34.03 | 535,954 | 505,200 |
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 |
| BellSouth | ( BLS | Quote | Chart | News | PowerRating) |
5 | 40.30 | 3,024,590 | 3,815,900 |
| Cerner | ( CERN | Quote | Chart | News | PowerRating) |
10 | 48.60 | 653,727 | 958,700 |
| Engineered Support Systems |
( EASI | Quote | Chart | News | PowerRating) |
1 | 33.03 | 401,772 | 144,000 |
| ViroPharma | ( VPHM | Quote | Chart | News | PowerRating) |
15 | 21.62 | 350,318 | 322,300 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aviron | ( AVIR | Quote | Chart | News | PowerRating) |
94 | 50.15 | 956,045 | 1,511,600 |
| Elantec Semiconductor | ( ELNT | Quote | Chart | News | PowerRating) |
83 | 43.21 | 555,863 | 713,900 |
| Atlantic Coast Airlines | ( ACAI | Quote | Chart | News | PowerRating) |
89 | 25.90 | 532,909 | 623,400 |
| Emmis Communications | ( EMMS | Quote | Chart | News | PowerRating) |
93 | 24.86 | 725,272 | 781,200 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Alpha Industries | ( AHAA | Quote | Chart | News | PowerRating) |
14 | 21.95 | 2,798,636 | 2,755,800 |
| Chiron | ( CHIR | Quote | Chart | News | PowerRating) |
11 | 44.72 | 2,927,090 | 2,687,300 |
| First Health Group | ( FHCC | Quote | Chart | News | PowerRating) |
5 | 23.29 | 1,169,772 | 711,400 |
| Plexus Corp | ( PLXS | Quote | Chart | News | PowerRating) |
8 | 28.63 | 1,014,181 | 1,028,300 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Broadcom | ( BRCM | Quote | Chart | News | PowerRating) |
92 | 48.80 | 15,146,545 | 16,598,500 |
| F5 Networks | ( FFIV | Quote | Chart | News | PowerRating) |
96 | 24.58 | 883,727 | 1,119,200 |
| Sepracor | ( SEPR | Quote | Chart | News | PowerRating) |
88 | 55.40 | 1,460,318 | 2,329,200 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Alpha Industries |
( AHAA | Quote | Chart | News | PowerRating) |
14 | 21.95 | 2,798,636 | 2,755,800 |
| MicroSemi | ( MSCC | Quote | Chart | News | PowerRating) |
14 | 31.66 | 1,111,863 | 1,104,500 |
| Verisign | ( VRSN | Quote | Chart | News | PowerRating) |
3 | 36.31 | 10,469,272 | 17,885,500 |
Best of luck with your trading Wednesday. Please use
protective stops on trades.