Thursday’s Top Names
The pattern has held so far.
Down, up, down. Thursday up? I like the
fact the semiconductors staged a rally into the close out of a Haggerty 1-2-3
bottom. Look for another up day, keeping with the sequence so far. If we don’t
get it, we have our shorts at the ready.
Hottest Sectors: Telecommunications
(
$XTC.X |
Quote |
Chart |
News |
PowerRating)
and Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Retail
(
$RLX.X |
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 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
95 | 25.15 | 667,882 | 757,500 |
| Ensco International | ( ESV | Quote | Chart | News | PowerRating) |
89 | 32.46 | 1,538,754 | 3,251,400 |
Helmerich and Payne |
( HP | Quote | Chart | News | PowerRating) |
83 | 40.37 | 420,242 |
326,000 |
| Noble Drilling | ( NE | Quote | Chart | News | PowerRating) |
87 | 42.33 | 1,943,246 | 2,188,900 |
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) |
5 | 38.51 | 2,301,200 | 1,364,300 |
| Biotech Holders | ( BBH | Quote | Chart | News | PowerRating) |
7 | 109.70 | 1.362,628 | 695,300 |
Brocade |
( BRCD | Quote | Chart | News | PowerRating) |
8 | 25.34 | 17,421,877 |
9,733,800 |
| Forest Labs | ( FRX | Quote | Chart | News | PowerRating) |
16 | 76.17 | 1,379,835 | 1,168,300 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Apple Computer | ( AAPL | Quote | Chart | News | PowerRating) |
82 | 26.11 | 5,099,766 | 6,991,200 |
| Pier 1 Imports | ( PIR | Quote | Chart | News | PowerRating) |
87 | 23.15 | 1,009,000 | 1,056,500 |
| Lincare Holdings | ( LNCR | Quote | Chart | News | PowerRating) |
81 | 31.98 | 821,866 | 1,020,000 |
| Charter One Financial | ( CF | Quote | Chart | News | PowerRating) |
83 | 34.38 | 1,200,595 | 1,251,800 |
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 |
| Smithfield Foods | ( SFD | Quote | Chart | News | PowerRating) |
13 | 20.55 | 672,609 | 1,644,700 |
| Mylan Labs | ( MYL | Quote | Chart | News | PowerRating) |
6 | 27.09 | 758,104 | 639,700 |
| Automatic Data Processing | ( ADP | Quote | Chart | News | PowerRating) |
15 | 51.04 | 1,716,276 | 3,643,200 |
| Overture Services | ( OVER | Quote | Chart | News | PowerRating) |
2 | 23.68 | 1,926,642 | 1,508,200 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| First Health | ( FHCC | Quote | Chart | News | PowerRating) |
82 | 27.71 | 991,255 | 6,100,200 |
| Mandalay Resort Group | ( MBG | Quote | Chart | News | PowerRating) |
90 | 34.04 | 714,514 | 926,500 |
| Rowan Companies | ( RDC | Quote | Chart | News | PowerRating) |
88 | 24.51 | 1,350,472 | 2,774,700 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Krispy Kreme Doughnuts |
( KKD | Quote | Chart | News | PowerRating) |
15 | 37.95 | 632,468 |
1,271,800 |
| Pharmaceutical Holders | ( PPH | Quote | Chart | News | PowerRating) |
16 | 90.67 | 370,767 | 247,700 |
| Veritas | ( VRTS | Quote | Chart | News | PowerRating) |
5 | 30.96 | 12,530,983 | 42,510,700 |
Â
Best of luck with your trading Thursday. Please use
protective stops on trades.