Thursday’s Top Names
The major indices all appear
poised to move again out of pullbacks to their 20-day moving averages.
This does not mean they will, however, so
tread lightly and wait for your entries to trigger.
Hottest Sectors:
Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating) and the Consumer
Index
(
$CMR.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: The Oil Index
(
$XOI.X |
Quote |
Chart |
News |
PowerRating)
and Banks
(
$BKX.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 |
Cephalon |
( CEPH | Quote | Chart | News | PowerRating) |
85 | 57.15 | 2,121,116 |
3,386,200 |
| Wilson Greatbatch Technologies | ( GB | Quote | Chart | News | PowerRating) |
81 | 30.55 | 162,031 | 107,000 |
Hutchison Technology |
( HTCH | Quote | Chart | News | PowerRating) |
91 | 25.52 | 236,600 |
1,354,100 |
| Leapfrog Enterprises | ( LF | Quote | Chart | News | PowerRating) |
95 | 28.67 | 194,300 | 217,300 |
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 |
| Bowater | ( BOW | Quote | Chart | News | PowerRating) |
9 | 31.84 | 721,123 | 729,600 |
| El Paso Energy | ( EPN | Quote | Chart | News | PowerRating) |
18 | 27.00 | 166,148 | 154,800 |
Lockheed Martin |
( LMT | Quote | Chart | News | PowerRating) |
16 | 53.23 | 3,145,575 |
4,048,400 |
| MGIC Investment Group | ( MTG | Quote | Chart | News | PowerRating) |
8 | 38.42 | 1,247,772 | 1,737,000 |
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cognizant Technology Solutions | ( CTSH | Quote | Chart | News | PowerRating) |
81 | 69.39 | 632,112 | 329,700 |
| AdvancePCS | ( ADVP | Quote | Chart | News | PowerRating) |
88 | 24.32 | 1,740,165 | 2,192,467 |
3 Month RS of 30 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Lowes’ | ( LTR | Quote | Chart | News | PowerRating) |
11 | 37.90 | 588,829 | 1,107,600 |
| Unocal Corp. | ( UCL | Quote | Chart | News | PowerRating) |
13 | 26.79 | 1,109,222 | 1,327,100 |
| PMI Group | ( PMI | Quote | Chart | News | PowerRating) |
18 | 29.03 | 815,066 | 412,500 |
| Amerada Hess | ( AHC | Quote | Chart | News | PowerRating) |
7 | 51.25 | 892,926 | 1,077,800 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Wilson Greatbatch Technologies | ( GB | Quote | Chart | News | PowerRating) |
81 | 30.55 | 162,031 | 107,000 |
| Imation Corp. | ( IMN | Quote | Chart | News | PowerRating) |
84 | 40.45 | 470,234 | 250,100 |
| Sharper Image | ( SHRP | Quote | Chart | News | PowerRating) |
88 | 23.15 | 209,434 | 240,500 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| MGIC Investment Group | ( MTG | Quote | Chart | News | PowerRating) |
8 | 38.42 | 1,247,772 | 1,737,000 |
| PMI Group | ( PMI | Quote | Chart | News | PowerRating) |
18 | 29.03 | 815,066 | 412,500 |
| Weyerhauser | ( WY | Quote | Chart | News | PowerRating) |
12 | 44.09 | 1,316,143 | 1,163,900 |
Best of luck with your trading Thursday. Please
use protective stops on trades.