Thursday’s Top Names
The CVR sell signals are starting
to kick in, with a CVR III last night and a CVR II tonight.
That does not mean we will head back down, just that
the market is short-term overbought. Therefore, lean to the short side, but keep
the longs ready to go if the Generals bust out the checkbook Thursday.
Hottest Sectors: Banks
(
$BIX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
and Semiconductors
(
$SOX.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 |
| Anthem | ( ATH | Quote | Chart | News | PowerRating) |
84 | 73.50 | 1,865,894 | 1,380,100 |
| Forest Labs | ( FRX | Quote | Chart | News | PowerRating) |
96 | 97.67 | 2,053,488 | 2,148,300 |
| Pogo Producing |
( PPP | Quote | Chart | News | PowerRating) |
90 | 35.72 | 294,129 |
620,800 |
| United Health | ( UNH | Quote | Chart | News | PowerRating) |
82 | 97.98 | 2,411,991 | 3,159,800 |
3 Month RS of 30 or lower
and close in bottom part of range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| American Electric Power | ( AEP | Quote | Chart | News | PowerRating) |
13 | 18.38 | 4,026,137 | 6,052,400 |
| Comerica | ( CMA | Quote | Chart | News | PowerRating) |
19 | 39.79 | 1,454,282 | 1,793,100 |
| DST Systems |
( DST | Quote | Chart | News | PowerRating) |
29 | 29.50 | 592,340 |
724,100 |
| Household International | ( HI | Quote | Chart | News | PowerRating) |
24 | 27.75 | 5,843,834 | 8,089,100 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Stryker Corp. | ( SYK | Quote | Chart | News | PowerRating) |
93 | 62.20 | 762,648 | 650,000 |
| First National Corp. | ( FNF | Quote | Chart | News | PowerRating) |
81 | 30.00 | 637,005 | 449,100 |
| Dole Food Corp. | ( DOL | Quote | Chart | News | PowerRating) |
88 | 27.75 | 491,422 | 323,600 |
| Education Management Corp. | ( EDMC | Quote | Chart | News | PowerRating) |
92 | 44.47 | 375,532 | 387,400 |
3 Month RS of 30 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Honeywell | ( HON | Quote | Chart | News | PowerRating) |
26 | 21.33 | 4,551,582 | 3,538,900 |
| Federated Department Stores | ( FD | Quote | Chart | News | PowerRating) |
28 | 29.67 | 1,799,142 | 1,916,400 |
| Dollar Tree Stores | ( DLTR | Quote | Chart | News | PowerRating) |
24 | 22.89 | 1,594,354 | 1,063,207 |
| Constellation Brands | ( STZ | Quote | Chart | News | PowerRating) |
24 | 24.07 | 573,594 | 481,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Medtronic | ( MDT | Quote | Chart | News | PowerRating) |
90 | 44.02 | 4,357,752 | 4,789,800 |
| SCP Pool Corp. | ( POOL | Quote | Chart | News | PowerRating) |
80 | 26.12 | 350,772 | 513,044 |
| Stryker Corp. | ( SYK | Quote | Chart | News | PowerRating) |
93 | 62.20 | 762,648 | 650,000 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| QLogic | ( QLGC | Quote | Chart | News | PowerRating) |
11 | 23.36 | 15,083,126 | 20,378,400 |
| Temple Inland | ( TIN | Quote | Chart | News | PowerRating) |
23 | 38.85 | 655,365 | 685,900 |
| Whirlpool | ( WHR | Quote | Chart | News | PowerRating) |
27 | 45.76 | 752,757 | 918,300 |
Best of luck with your trading Thursday. Please use
protective stops on trades.