Thursday’s Top Names
We are now in oversold
territory, and are due for a pause in the form of a counter trend rally.
This is evidenced by the CVR III on the
Market Bias page and the others from
Larry Connors’ VIX and Volatility service. Therefore, keep an eye on the
long side candidates, but be prepared to play it the other way should the need
arise.
Hottest Sectors: Gold
and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
and 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
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| CAC International | ( CACI | Quote | Chart | News | PowerRating) |
88 | 38.00 | 705,811 | 407,500 |
| Fresh Del Monte | ( FDP | Quote | Chart | News | PowerRating) |
94 | 25.94 | 272,020 | 157,600 |
Kroll, Inc. |
( KROL | Quote | Chart | News | PowerRating) |
88 | 24.99 | 478,969 |
771,300 |
| Meridian Gold | ( MDG | Quote | Chart | News | PowerRating) |
80 | 18.70 | 641,183 | 699,100 |
Â
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 |
| Analog Devices | ( ADI | Quote | Chart | News | PowerRating) |
11 | 26.30 | 3,121,186 | 3,913,000 |
| Cerus Corp. | ( CERS | Quote | Chart | News | PowerRating) |
2 | 25.34 | 253,789 | 378,100 |
| IDEC Pharmaceuticals |
( IDPH | Quote | Chart | News | PowerRating) |
11 | 30.21 | 5,701,369 |
5,285,700 |
| Lamar Advertising | ( LAMR | Quote | Chart | News | PowerRating) |
14 | 30.80 | 754,695 | 751,200 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Norfolk Southern | ( NSC | Quote | Chart | News | PowerRating) |
83 | 22.52 | 1,345,200 | 1,280,400 |
| Ocean Energy | ( OEI | Quote | Chart | News | PowerRating) |
84 | 20.06 | 880,123 | 1,511,700 |
| TRW, Inc. | ( TRW | Quote | Chart | News | PowerRating) |
87 | 56.01 | 1,994,928 | 2,301,300 |
| Interstate Bakeries | ( IBC | Quote | Chart | News | PowerRating) |
83 | 27.16 | 444,295 | 398,500 |
Â
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| IDEC Pharmaceuticals |
( IDPH | Quote | Chart | News | PowerRating) |
11 | 30.21 | 5,701,369 |
5,285,700 |
| FMC Corporation | ( FMC | Quote | Chart | News | PowerRating) |
17 | 27.76 | 539,380 | 407,800 |
| Tenet Healthcare |
( THC | Quote | Chart | News | PowerRating) |
4 | 45.76 | 3,175,342 |
4,200,300 |
| Cummins, Inc. | ( CUM | Quote | Chart | News | PowerRating) |
12 | 30.69 | 562,142 | 463,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Fresh Del Monte | ( FDP | Quote | Chart | News | PowerRating) |
94 | 25.94 | 272,020 | 157,600 |
| Kroll, Inc. | ( KROL | Quote | Chart | News | PowerRating) |
88 | 24.99 | 478,969 | 771,300 |
| Suncor Energy | ( SU | Quote | Chart | News | PowerRating) |
99 | 17.27 | 185,842 | 397,900 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Edwards Life Sciences | ( EW | Quote | Chart | News | PowerRating) |
18 | 20.02 | 423,815 | 492,300 |
| Hotels.com | ( ROOM | Quote | Chart | News | PowerRating) |
19 | 19 | 951,669 | 539,600 |
| Semtech | ( SMTC | Quote | Chart | News | PowerRating) |
16 | 21.20 | 1,219,534 | 3,888,100 |
Â
Best of luck with your trading Thursday. Please use
protective stops on trades.