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

 

Best of luck with your trading Thursday. Please use
protective stops on trades.