Thursday’s Top Names

The indices are holding up fairly well in spite
of the recent bombs
dropped by Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)
and American Express
(
AXP |
Quote |
Chart |
News |
PowerRating)
.
The Nasdaq Composite
(
$COMPQ |
Quote |
Chart |
News |
PowerRating)
bounced off the bottom of its
trend channel and left a bullish tail on today’s bar, with similar action in the
Dow and S&P. This, in addition to a

CVR I
buy signal and a

Momentum Index
arrow up on the

Market Bias Indicators
page, leaves a bias to the upside for Thursday, but
remember to take it as it comes.

Hottest Sectors:
Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Computer
Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Biotechs
(
$BTK.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


Centex Corp.

(
CTX |
Quote |
Chart |
News |
PowerRating)
82 54.60
823,561

1,463,200
Genesis Microchip
(
GNSS |
Quote |
Chart |
News |
PowerRating)
97 67.50 2,478,322 2,528,000

InVision Technologies

(
INVN |
Quote |
Chart |
News |
PowerRating)
99 38.65
2,226,617

6,495,000
Maxim Integrated Products
(
MXIM |
Quote |
Chart |
News |
PowerRating)
88 59.79 6,426,549 4,408,300

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

American Eagle Outfitters
(
AEOS |
Quote |
Chart |
News |
PowerRating)
11 24.04 2,259,014 2,420,400
Bristol-Myers Squibb
(
BMY |
Quote |
Chart |
News |
PowerRating)
20 50.45 5,886,654 16,165,400
Human
Genome Sciences

(
HGSI |
Quote |
Chart |
News |
PowerRating)
2 32.16
3,296,422

3,582,200
Lincare Holdings
(
LNCR |
Quote |
Chart |
News |
PowerRating)
18 25.81 1,222,737 1,192,500


3 Month RS of 80
and higher with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

McData
(
MCDT |
Quote |
Chart |
News |
PowerRating)
99 27.45 1,937,171 1,907,800
Intel Corp.
(
INTC |
Quote |
Chart |
News |
PowerRating)
84 34.08 53,948,261 53,646,700

Autozone

(
AZO |
Quote |
Chart |
News |
PowerRating)
92 73.20
947,747

1,289,500
UTStarcom
(
UTSI |
Quote |
Chart |
News |
PowerRating)
97 29.05 1,991,866 2,135,700

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Agilent Technologies
(
A |
Quote |
Chart |
News |
PowerRating)
85 30.71 2,549,212 3,600,900
Check
Free Holdings

(
CKFR |
Quote |
Chart |
News |
PowerRating)
89 21.10
981,232

872,200
Centex Corp.
(
CTX |
Quote |
Chart |
News |
PowerRating)
82 54.60 823,561 1,463,200

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

American Eagle Outfitters
(
AEOS |
Quote |
Chart |
News |
PowerRating)
11 24.04 2,259,014 2,420,400
Bristol-Myers Squibb
(
BMY |
Quote |
Chart |
News |
PowerRating)
20 50.45 5,886,654 16,165,400
PPG Industries
(
PPG |
Quote |
Chart |
News |
PowerRating)
19 51.26 710,525 736,200

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