Thursday’s Top Names

The oversold condition continues,
and it appears the S&P Index
(
$SPX.X |
Quote |
Chart |
News |
PowerRating)
is going to be the last to catch up
and retest the July low.

Tread lightly, and beware the bounce, as we do have
some CVR buy signals in place again this evening.

Hottest Sectors: Internets
(
$IIX.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
and Utilities
(
$UTY.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

Advanced Neuromodulation Systems
(
ANSI |
Quote |
Chart |
News |
PowerRating)
85 37.36 210,721 401,900
Mid-Atlantic Medical
(
MME |
Quote |
Chart |
News |
PowerRating)
95 38.08 510,634 746,400

Stryker Corp.

(
SYK |
Quote |
Chart |
News |
PowerRating)
92 61.31
762,482

1,260,800
Wellpoint Health
(
WLP |
Quote |
Chart |
News |
PowerRating)
81 77.59 1,579,715 1,819,800

 

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 Capital Strategies
(
ACAS |
Quote |
Chart |
News |
PowerRating)
16 16.78 969,756 1,083,000
Cigna
(
CI |
Quote |
Chart |
News |
PowerRating)
15 57.50 1,078,928 1,757,300
Fluor
Corp.

(
FLR |
Quote |
Chart |
News |
PowerRating)
18 21.05
644,272

509,400
MBIA Corp.
(
MBI |
Quote |
Chart |
News |
PowerRating)
18 35.32 946,806 2,828,100


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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

First Health
(
FHCC |
Quote |
Chart |
News |
PowerRating)
84 27.75 706,478 709,700
Take-Two Interactive
(
TTWO |
Quote |
Chart |
News |
PowerRating)
98 28.62 1,291,127 2,362,200
Patterson Dental
(
PDCO |
Quote |
Chart |
News |
PowerRating)
88 50.76 387,239 677,409
Tricon Global Restaurants
(
YUM |
Quote |
Chart |
News |
PowerRating)
81 29.75 1,902,135 2,662,400

 

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


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Household International
(
HI |
Quote |
Chart |
News |
PowerRating)
6 21.00 5,379,932 7,488,700
Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating)
20 23.66 15,417,817 6,367,600
Phelps Dodge
(
PD |
Quote |
Chart |
News |
PowerRating)
13 23.09 970,386 930,600
Investors Financial Services
(
IFIN |
Quote |
Chart |
News |
PowerRating)
18 22.39 533,249 1,584,000

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume


Coventry Healthcare

(
CVH |
Quote |
Chart |
News |
PowerRating)
95 32.25
605,137

535,100
Omnicom Group
(
OMC |
Quote |
Chart |
News |
PowerRating)
84 51.50 2,767,865 2,804,800

Stryker Corp.

(
SYK |
Quote |
Chart |
News |
PowerRating)
92 61.31
762,482

1,260,800

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

OM Group
(
OMG |
Quote |
Chart |
News |
PowerRating)
16 37.40 228,908 176,600
SEI Investments
(
SEIC |
Quote |
Chart |
News |
PowerRating)
18 20.30 615,766 1,106,900
Weyerhauser
(
WY |
Quote |
Chart |
News |
PowerRating)
16 38.04 1,344,465 1,826,800

 

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