Thursday’s Top Names
Here we go again, several new
CVR buy signals are in place Wednesday night.
The rally into the close is encouraging, but
Thursday could be another wild ride. The beauty of daytrading is that we only
need to react, not initially commit.
Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Drugs
(
$DRG.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Telecommunications
(
$XTC.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
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aetna | ( AET | Quote | Chart | News | PowerRating) |
95 | 47.37 | 1,335,508 | 1,811,500 |
| Quest Diagnostics | ( DGX | Quote | Chart | News | PowerRating) |
81 | 85.62 | 993,892 | 1,288,500 |
Intuit |
( INTU | Quote | Chart | News | PowerRating) |
87 | 47.15 | 2,838,966 |
6,316,700 |
| United Health | ( UNH | Quote | Chart | News | PowerRating) |
91 | 91.00 | 2,174,011 | 3,030,800 |
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 |
| Andrx Corp. | ( ADRX | Quote | Chart | News | PowerRating) |
9 | 26.58 | 1,803,578 | 5,430,000 |
| Guidant Corp. | ( GDT | Quote | Chart | News | PowerRating) |
8 | 29.21 | 2,624,498 | 4,552,000 |
Medimmune |
( MEDI | Quote | Chart | News | PowerRating) |
6 | 25.45 | 4,706,034 |
7,894,100 |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
10 | 30.99 | 1,525,262 | 1,313,400 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| ConAgra Foods | ( CAG | Quote | Chart | News | PowerRating) |
82 | 26.16 | 1,810,738 | 4,082,600 |
| Dial Corp. | ( DL | Quote | Chart | News | PowerRating) |
82 | 20.92 | 524,947 | 1,793,000 |
| J.B. Hunt |
( JBHT | Quote | Chart | News | PowerRating) |
94 | 30.55 | 744,542 |
964,600 |
| Pier 1 Imports | ( PIR | Quote | Chart | News | PowerRating) |
89 | 20.45 | 980,076 | 1,517,900 |
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 |
| Clear Channel Communications |
( CCU | Quote | Chart | News | PowerRating) |
7 | 35.75 | 4,997,147 |
9,802,500 |
| Safeway, Inc. | ( SWY | Quote | Chart | News | PowerRating) |
5 | 29.25 | 5,484,585 | 3,195,900 |
| Abbott Labs | ( ABT | Quote | Chart | News | PowerRating) |
7 | 37.95 | 8,338,652 | 9,608,800 |
| NCR Corp. | ( NCR | Quote | Chart | News | PowerRating) |
17 | 34.00 | 509,114 | 1,081,200 |
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) |
82 | 29.51 | 476,105 | 1,021,900 |
| Lincare Holdings | ( LNCR | Quote | Chart | News | PowerRating) |
85 | 31.22 | 973,642 | 994,600 |
| Right Management Consultants | ( RMCI | Quote | Chart | News | PowerRating) |
86 | 25.05 | 296,743 | 139,700 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Andrx Corp. | ( ADRX | Quote | Chart | News | PowerRating) |
9 | 26.58 | 1,803,578 | 5,430,000 |
| Cox Communications | ( COX | Quote | Chart | News | PowerRating) |
13 | 26.90 | 1,610,614 | 5,086,400 |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
10 | 30.99 | 1,525,262 | 1,313,400 |
Â
Best of luck with your trading Thursday. Please use
protective stops on trades.