Thursday’s Top Names
No new CVR signals for
Thursday although the CVR1 and the CVR2 are still valid.Â
The bias is to the long side with indexes closing near highs but in this market
continue to keep tight stops and play both sides.
Hottest Sectors: Oil Service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating) and
Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors: Internet
(
$IIX.I |
Quote |
Chart |
News |
PowerRating) and
Software
(
$GSO.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 |
| AmeriCredit | ( ACF | Quote | Chart | News | PowerRating) |
96 | 39.70 | 2,508,480 | 1,827,700 |
| Aetna | ( AET | Quote | Chart | News | PowerRating) |
95 | 49.30 | 1,101,412 | 1,913,400 |
| Black & Decker | ( BDK | Quote | Chart | News | PowerRating) |
80 | 46.97 | 887,252 | 593,200 |
| Burlington Resources | ( BR | Quote | Chart | News | PowerRating) |
90 | 44.49 | 1,184,474 | 1,134,000 |
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 |
| Biovail | ( BVF | Quote | Chart | News | PowerRating) |
5 | 36.90 | 1,895,175 | 1,281,100 |
| Digene | ( DIGE | Quote | Chart | News | PowerRating) |
6 | 21.70 | 636,878 | 871,900 |
| Marvell | ( MRVL | Quote | Chart | News | PowerRating) |
9 | 33.88 | 2,768,600 | 4,736,700 |
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 |
| Pepsi | ( PBG | Quote | Chart | News | PowerRating) |
85 | 29.57 | 1,033,531 | 986,100 |
| Dial | ( DL | Quote | Chart | News | PowerRating) |
88 | 21.15 | 612,663 | 677,500 |
| Pioneer National | ( PXD | Quote | Chart | News | PowerRating) |
91 | 24.34 | 1,190,077 | 1,633,200 |
| Fidelity National | ( FNF | Quote | Chart | News | PowerRating) |
80 | 29.73 | 601,150 | 673,300 |
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 |
| Vimpel Comm | ( VIP | Quote | Chart | News | PowerRating) |
5 | 22.34 | 358,577 | 446,700 |
| FEI Company | ( FEIC | Quote | Chart | News | PowerRating) |
9 | 25.48 | 426,754 | 1,796,600 |
| Apogent | ( AOT | Quote | Chart | News | PowerRating) |
20 | 23.12 | 413,659 | 626,900 |
| Alcoa | ( AA | Quote | Chart | News | PowerRating) |
17 | 34.00 | 4,380,372 | 4,239,700 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cooper Tire & Rubber | ( CTB | Quote | Chart | News | PowerRating) |
97 | 24.98 | 438,589 | 434,600 |
| CareMark RX | ( CMX | Quote | Chart | News | PowerRating) |
93 | 21.95 | 1,972,223 | 1,369,400 |
| Dillards | ( DDS | Quote | Chart | News | PowerRating) |
97 | 24.99 | 1,191,180 | 895,600 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Ballard Power | ( BLDP | Quote | Chart | News | PowerRating) |
8 | 24.16 | 774,623 | 824,500 |
| Meadwestvaco | ( MWV | Quote | Chart | News | PowerRating) |
11 | 28.58 | 806,340 | 1,165,900 |
| Freemarkets | ( FMKT | Quote | Chart | News | PowerRating) |
6 | 17.00 | 1,307,660 | 2,363,500 |
Â
Best of luck with your trading Wednesday. Please
use protective stops on every trade.
Â