Thursday’s Top Names
After strong up moves during
the middle of the day, we have the $SPX.X closing near the lows and the $NDX.X
closing in the middle of the range.Â
We have a CVR 5 sell signal setting up so the bias
for Thursday will be to the downside.
Hottest Sectors: Airlines
(
$XAL.X |
Quote |
Chart |
News |
PowerRating) and
Japan Index
(
$JPN.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors: Pharmaceutical
(
$DRG.X |
Quote |
Chart |
News |
PowerRating)
and Oil Service
(
$OSX.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 |
| ArvinMeritor | ( ARM | Quote | Chart | News | PowerRating) |
84 | 31.20 | 361,034 | 169,000 |
| Cooper Tire | ( CTB | Quote | Chart | News | PowerRating) |
94 | 23.74 | 566,197 | 513,700 |
| Eastman Kodak | ( EK | Quote | Chart | News | PowerRating) |
81 | 33.79 | 2,647,328 | 2,000,200 |
Linen n Things |
( LIN | Quote | Chart | News | PowerRating) |
81 |
35.05 |
527,897 |
762,100 |
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 |
| El Paso Corp. | ( EP | Quote | Chart | News | PowerRating) |
14 | 34.41 | 2,899,877 | 3,080,400 |
| General Electric | ( GE | Quote | Chart | News | PowerRating) |
10 | 30.93 | 25,712,448 | 27,468,800 |
| Nike | ( NKE | Quote | Chart | News | PowerRating) |
16 | 54.46 | 1,465,611 | 890,700 |
Sunoco |
( SUN | Quote | Chart | News | PowerRating) |
17 |
34.92 |
661,831 |
731,000 |
Â
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Mid-Atlantic Medical | ( MME | Quote | Chart | News | PowerRating) |
92 | 35.76 | 601,613 | 469,300 |
| Aetna | ( AET | Quote | Chart | News | PowerRating) |
91 | 46.89 | 1,515,554 | 1,139,900 |
| Cemex | ( CX | Quote | Chart | News | PowerRating) |
99 | 31.73 | 699,500 | 623,400 |
| RadioShack | ( RSH | Quote | Chart | News | PowerRating) |
84 | 34.96 | 1,232,818 | 1,178,800 |
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 |
| Kinder Morgan | ( KMI | Quote | Chart | News | PowerRating) |
19 | 46.51 | 729,900 | 430,600 |
| Unum Provident | ( UNM | Quote | Chart | News | PowerRating) |
16 | 25.48 | 924,768 | 1,066,100 |
| Darden Restaurants | ( DRI | Quote | Chart | News | PowerRating) |
19 | 24.93 | 1,195,882 | 1,101,600 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Duane Reade | ( DRD | Quote | Chart | News | PowerRating) |
86 | 35.34 | 412,254 | 523,300 |
| Pepsi Bottling | ( PBG | Quote | Chart | News | PowerRating) |
92 | 31.72 | 1,086,892 | 1,660,900 |
| Rent-A-Center | ( RCII | Quote | Chart | News | PowerRating) |
94 | 63.51 | 316,372 | 482,200 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Electronics Boutique |
( ELBO | Quote | Chart | News | PowerRating) |
15 |
27.24 |
413,482 |
583,100 |
| Tech Data | ( TECD | Quote | Chart | News | PowerRating) |
13 | 45.25 | 954,165 | 811,600 |
| XCEL Energy | ( XEL | Quote | Chart | News | PowerRating) |
19 | 20.95 | 2,245,783 | 3,679,500 |
Â
Best of luck with your trading Thursday. Please
use protective stops on every trade.