Thursday’s Top Names
The major markets traded lower
on the day. We have a CVR1 buy
signal, so there is a slight bias to the upside for Thursday.
Hottest Sectors:
Healthcare
(
$HMO.X |
Quote |
Chart |
News |
PowerRating) and
Pharmaceutical
(
$DRG.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors:
Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
and Gold & Silver
(
$XAU.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) |
87 | 47.47 | 1,118,072 | 795,000 |
| Kroll | ( KROL | Quote | Chart | News | PowerRating) |
90 | 22.10 | 276,811 | 655,700 |
| Multimedia Games | ( MGAM | Quote | Chart | News | PowerRating) |
93 | 33.50 | 421,063 | 680,200 |
| PayPal | ( PYPL | Quote | Chart | News | PowerRating) |
98 | 29.00 | 518,077 | 1,196,600 |
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 |
| ASM Int’l | ( ASMI | Quote | Chart | News | PowerRating) |
17 | 19.34 | 473,072 | 725,700 |
| Enzon | ( ENZN | Quote | Chart | News | PowerRating) |
1 | 29.50 | 1,429,548 | 4,180,200 |
| Genzyme | ( GENZ | Quote | Chart | News | PowerRating) |
2 | 31.88 | 4,332,234 | 4,698,300 |
| Genesis Micro Chip |
( GNSS | Quote | Chart | News | PowerRating) |
6 | 23.36 | 4,033,638 | 3,462,900 |
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aflac | ( AFL | Quote | Chart | News | PowerRating) |
85 | 31.85 | 1,587,065 | 1,984,500 |
| Cooper Cameron | ( CAM | Quote | Chart | News | PowerRating) |
82 | 57.10 | 882,537 | 844,000 |
| Ensco | ( ESV | Quote | Chart | News | PowerRating) |
82 | 33.50 | 1,684,769 | 2,124,400 |
| Getty Images | ( GETY | Quote | Chart | News | PowerRating) |
83 | 33.83 | 426,849 | 265,300 |
3 Month RS of 20 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| AMR Corp. | ( AMR | Quote | Chart | News | PowerRating) |
9 | 21.07 | 1,681,442 | 658,700 |
| Bristol Myers | ( BMY | Quote | Chart | News | PowerRating) |
5 | 30.03 | 11,171,112 | 4,719,600 |
| Broadcom | ( BRCM | Quote | Chart | News | PowerRating) |
1 | 22.40 | 13,405,202 | 7,915,400 |
| Microsoft | ( MSFT | Quote | Chart | News | PowerRating) |
20 | 52.05 | 30,641,265 | 22,619,800 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Blockbuster | ( BBI | Quote | Chart | News | PowerRating) |
87 | 28.60 | 540,772 | 470,300 |
| Circuit City | ( CC | Quote | Chart | News | PowerRating) |
91 | 22.13 | 2,834,043 | 1,066,000 |
| J.C. Penny | ( JCP | Quote | Chart | News | PowerRating) |
87 | 23.85 | 2,690,058 | 1,209,400 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Advance PCS | ( ADVP | Quote | Chart | News | PowerRating) |
3 | 25.70 | 2,002,458 | 1,499,900 |
| Biotech HOLDRS | ( BBH | Quote | Chart | News | PowerRating) |
11 | 97.20 | 1,401,618 | 1,068,600 |
| Navistar Int’l | ( NAV | Quote | Chart | News | PowerRating) |
17 | 35.57 | 709,382 | 435,900 |
Best of luck with your trading
Thursday. Please
use protective stops on every trade.