Thursday’s Top Names…
The broader markets started out lower and
ended the session the way they began — down. Earnings woes continue to weigh
heavily on the Dow Industrials, Nasdaq and S&P 500. Today was the first
time this year trading curbs went into affect as the earnings flood continues
this week. Tonight we have a CVR 6 Buy signal triggering, but again, let the tape
dictate the direction of your trade.
Hottest Sectors:
Airlines
(
$XAL.X |
Quote |
Chart |
News |
PowerRating) and Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: GSTI Internet
(
$GIN.X |
Quote |
Chart |
News |
PowerRating) and
Semiconductor
(
$SOX.X |
Quote |
Chart |
News |
PowerRating).
Thursday’s stocks to
watch:
3 Month RS of 80 and higher and close in top
part of
range
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Alliance Gaming |
( ALLY | Quote | Chart | News | PowerRating) |
90 | 32.41 | 496,100 | 1,678,700 |
| Alloy Inc | ( ALOY | Quote | Chart | News | PowerRating) |
90 | 20.95 | 682,000 | 717,100 |
| Accenture Ltd. |
( ACN | Quote | Chart | News | PowerRating) |
94 | 26.00 | 1,699,800 | 3,003,200 |
| Cymer Inc | ( CYMI | Quote | Chart | News | PowerRating) |
98 | 34.22 | 513,500 | 1,559,200 |
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 |
| KOS Pharmaceuticals | ( KOSP | Quote | Chart | News | PowerRating) |
6 | 24.20 | 322,600 | 562,000 |
| Mercury Computer | ( MRCY | Quote | Chart | News | PowerRating) |
13 | 34.06 | 406,700 | 337,900 |
| Plexus Corp |
( PLXS | Quote | Chart | News | PowerRating) |
7 | 25.32 | 831,800 | 905,400 |
| Cerner Corp | ( CERN | Quote | Chart | News | PowerRating) |
10 | 48.72 | 593,800 | 408,400 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Affymetrix | ( AFFX | Quote | Chart | News | PowerRating) |
98 | 35.41 | 1,159,300 | 1,078,500 |
| Alloy Inc | ( ALOY | Quote | Chart | News | PowerRating) |
90 | 20.95 | 682,000 | 717,100 |
| Continental Airlines | ( CAL | Quote | Chart | News | PowerRating) |
94 | 31.10 | 1,522,000 | 2,001,400 |
| Storage Technology | ( STK | Quote | Chart | News | PowerRating) |
95 | 21.88 | 733,200 | 465,400 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Abgenix Inc | ( ABGX | Quote | Chart | News | PowerRating) |
11 | 25.23 | 1,614,700 | 1,103,800 |
| Cubist Pharmaceuticals | ( CBST | Quote | Chart | News | PowerRating) |
5 | 31.75 | 580,800 | 181,100 |
| FLIR Systems | ( FLIR | Quote | Chart | News | PowerRating) |
4 | 40.25 | 381,200 | 143,500 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Alloy Inc. |
( ALOY | Quote | Chart | News | PowerRating) |
90 | 20.95 | 682,000 | 717,100 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| FLIR Systems Inc |
( FLIR | Quote | Chart | News | PowerRating) |
4 | 40.25 | 381,200 | 143,400 |
| Proteid Design Labs |
( PDLI | Quote | Chart | News | PowerRating) |
15 | 25.00 | 3,265,400 | 2,750,100 |
| Philip Morris |
( MO | Quote | Chart | News | PowerRating) |
14 | 48.25 | 6,261,200 | 7,022,900 |
Best of luck with your trading
Thursday. Please use
protective stops on trades.