Thursday’s Top Names

The trend remains down, but
the two-way action is a boon to daytraders.

Keep looking at setups in both directions and play
the proper direction as the situation warrants.

Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)

and Drugs
(
$DRU.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
and
Consumer Cyclicals
(
$CYC.X |
Quote |
Chart |
News |
PowerRating)
.

Thursday’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

Coventry Healthcare
(
CVH |
Quote |
Chart |
News |
PowerRating)
96 33.90 602,409 488,700
HCA, Inc.
(
HCA |
Quote |
Chart |
News |
PowerRating)
87 48.78 2,613,225 2,532,000

Johnson & Johnson

(
JNJ |
Quote |
Chart |
News |
PowerRating)
87 58.30
10,176,085

4,215,100
Mid-Atlantic Medical
(
MME |
Quote |
Chart |
News |
PowerRating)
95 38.12 523,848 576,500

 

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

Astoria Financial
(
AF |
Quote |
Chart |
News |
PowerRating)
19 24.31 552,240 379,600
DST Systems
(
DST |
Quote |
Chart |
News |
PowerRating)
18 28.89 551,752 554,900
MGIC
Investments

(
MTG |
Quote |
Chart |
News |
PowerRating)
8 41.07
1,145,300

1,120,900
Radian Group
(
RDN |
Quote |
Chart |
News |
PowerRating)
14 33.14 774,525 753,500


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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Getty Images
(
GETY |
Quote |
Chart |
News |
PowerRating)
93 22.24 480,605 813,682
Universal Health Services
(
UHS |
Quote |
Chart |
News |
PowerRating)
92 52.00 567,915 801,300
Clear Channel Communications
(
CCU |
Quote |
Chart |
News |
PowerRating)
93 35.95 5,397,142 3,939,200
Eli Lilly
(
LLY |
Quote |
Chart |
News |
PowerRating)
80 57.84 4,329,566 5,098,400

 

3 Month RS of 20 and lower with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Boise Cascade
(
BCC |
Quote |
Chart |
News |
PowerRating)
18 22.01 579,840 897,400
Weyerhauser
(
WY |
Quote |
Chart |
News |
PowerRating)
19 43.31 1,320,852 1,080,100
Honeywell
(
HON |
Quote |
Chart |
News |
PowerRating)
8 21.90 4,281,238 2,833,500
Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating)
19 24.95 14,727,677 18,670,000

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume


Johnson & Johnson

(
JNJ |
Quote |
Chart |
News |
PowerRating)
87 58.30
10,176,085

4,215,100
Philadelphia Suburban Corp.
(
PSC |
Quote |
Chart |
News |
PowerRating)
91 20.87 342,572 723,900
Tenet Healthcare
(
THC |
Quote |
Chart |
News |
PowerRating)
90 51.55 2,736,523 3,539,900

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Starwood Hotels & Resorts
(
HOT |
Quote |
Chart |
News |
PowerRating)
18 22.00 2,272,117 1,691,000
MGIC Investments
(
MTG |
Quote |
Chart |
News |
PowerRating)
8 41.07 1,145,300 1,120,900
Whirlpool
(
WHR |
Quote |
Chart |
News |
PowerRating)
20 45.78 712,432 644,000

 

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