Thursday’s Top Names
Wednesday’s weak close combined with four down
arrows on the
Market Bias Page point to further downside action in Thursday’s session.
Focus on the short candidates, but be alert for a reversal if strength appears,
as the market has not been pat lately. Remember to be nimble and take what the
market gives you.
Hottest Sectors: Insurance index
(
$IUX.X |
Quote |
Chart |
News |
PowerRating)
and Gold
(
$XAU.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Broker/Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating).
Thursday’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 |
| Ball Corp. |
( BLL | Quote | Chart | News | PowerRating) |
89 | 68.70 | 315,394 |
363,300 |
| Cholestec Corp. | ( CTEC | Quote | Chart | News | PowerRating) |
99 | 24.05 | 284,438 | 376,400 |
| Henry Schein |
( HSIC | Quote | Chart | News | PowerRating) |
81 | 39.75 | 601,631 |
385,500 |
| Neurocrine Biosciences | ( NBIX | Quote | Chart | News | PowerRating) |
92 | 45.85 | 349,478 | 827,200 |
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 |
| Boeing | ( BA | Quote | Chart | News | PowerRating) |
6 | 34.17 | 5,768,206 | 3,842,900 |
| Barr Labs | ( BRL | Quote | Chart | News | PowerRating) |
7 | 72.36 |
1,062,432 |
787,000 |
| CSG Systems |
( CSGS | Quote | Chart | News | PowerRating) |
15 | 31.53 | 785,249 |
850,000 |
| Impath | [IMPH|IMPH | 10 | 36.42 | 341,975 | 113,500 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Neurocrine Biosciences | ( NBIX | Quote | Chart | News | PowerRating) |
92 | 45.85 | 349,478 | 827,200 |
| Accenture | ( ACN | Quote | Chart | News | PowerRating) |
93 | 21.85 | 1,224,290 | 1,415,900 |
| Immunex | ( IMNX | Quote | Chart | News | PowerRating) |
96 | 26.47 | 7,806,242 | 7,485,000 |
| Affymetrix | ( AFFX | Quote | Chart | News | PowerRating) |
98 | 36.36 | 1,723,066 | 1,918,500 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cholestec Corp. | ( CTEC | Quote | Chart | News | PowerRating) |
99 | 24.05 | 284,438 | 376,400 |
| Flextronics International | ( FLEX | Quote | Chart | News | PowerRating) |
82 | 26.35 | 10,206,565 | 24,621,200 |
| Quest Software | ( QSFT | Quote | Chart | News | PowerRating) |
96 | 23.13 | 1,524,095 | 1,856,500 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| COR Therapeutics | ( CORR | Quote | Chart | News | PowerRating) |
15 | 21.50 | 1,127,471 | 1,008,100 |
| Forest Labs | ( FRX | Quote | Chart | News | PowerRating) |
18 | 71.04 | 1,389,314 | 1,284,900 |
| Kinder Morgan | ( KMI | Quote | Chart | News | PowerRating) |
13 | 47.60 | 633,123 | 918,600 |
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Best of luck with your trading Thursday. Please use
protective stops on trades.