Monday’s Top Names
No new CVR signals for Monday.Â
There is no bias in either direction so continue to play both sides with the
path of least resistance.
Hottest Sectors: Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) and
Forest & Paper
(
$FPP.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors: Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating) and
Telecom
(
$XTC.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 |
| American Axle&Mfg. | ( AXL | Quote | Chart | News | PowerRating) |
85 | 34.50 | 390,488 | 784,800 |
| Herley Industries | ( HRLY | Quote | Chart | News | PowerRating) |
80 | 22.03 | 315,608 | 150,500 |
| Sonic Automotive | ( SAH | Quote | Chart | News | PowerRating) |
93 | 31.28 | 454,685 | 1,261,400 |
| Timken | ( TKR | Quote | Chart | News | PowerRating) |
95 | 27.35 | 291,022 | 327,600 |
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 |
| Analog Devices | ( ADI | Quote | Chart | News | PowerRating) |
8 | 34.43 | 3,084,205 | 4,106,100 |
| Altera | ( ALTR | Quote | Chart | News | PowerRating) |
7 | 18.30 | 7,331,680 | 13,095,200 |
| Alltel | ( AT | Quote | Chart | News | PowerRating) |
10 | 48.39 | 1,165,385 | 1,566,600 |
Scholastic Corp. |
( SCHL | Quote | Chart | News | PowerRating) |
17 |
50.57 |
304,323 |
247,900 |
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 |
| Right Management | ( RMCI | Quote | Chart | News | PowerRating) |
86 | 26.77 | 373,413 | 306,600 |
| MGM Mirage | ( MGG | Quote | Chart | News | PowerRating) |
91 | 41.02 | 831,950 | 774,500 |
| Mandalay Bay Resort | ( MBG | Quote | Chart | News | PowerRating) |
93 | 36.30 | 776,800 | 558,800 |
| Linens n Things | ( LIN | Quote | Chart | News | PowerRating) |
86 | 35.25 | 613,804 | 368,300 |
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 |
| SBC Communications | ( SBC | Quote | Chart | News | PowerRating) |
8 | 31.14 | 11,635,350 | 6,828,200 |
| Integrated Device Tech. | ( IDTI | Quote | Chart | News | PowerRating) |
12 | 25.14 | 2,601,018 | 3,298,700 |
| Electronics Boutique | ( ELBO | Quote | Chart | News | PowerRating) |
8 | 29.79 | 325,645 | 495,700 |
| DeVry | ( DV | Quote | Chart | News | PowerRating) |
12 | 25.79 | 466,077 | 306,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| EOG Resources | ( EOG | Quote | Chart | News | PowerRating) |
83 | 43.77 | 936,531 | 957,200 |
| Ensco | ( ESV | Quote | Chart | News | PowerRating) |
96 | 35.04 | 1,613,218 | 2,063,400 |
| KB Home | ( KBH | Quote | Chart | News | PowerRating) |
84 | 52.87 | 795,962 | 811,700 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| AMR Corp. | ( AMR | Quote | Chart | News | PowerRating) |
11 | 20.10 | 2,734,100 | 1,566,060 |
| Convergys | [CVG|CVG | 13 | 26.17 | 896,035 | 1,170,000 |
| Guidant | ( GDT | Quote | Chart | News | PowerRating) |
11 | 38.40 | 3,060,068 | 3,337,300 |
Â
Best of luck with your trading Monday. Please
use protective stops on every trade.