Thursday’s Top Names
It was a choppy, wild ride in today’s trade, but
when the dust settled, the major averages were in plus territory. The last
half hour was exciting, as an upswing in momentum insured the positive close.
There were five periods throughout the trading day where there were 100-point
swings on the Dow Jones Industrial Average
(
$INDU |
Quote |
Chart |
News |
PowerRating). Now that’s
volatility….
The stronger sectors on the day were: Wireless,
Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating), Internet, Networking, Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
and Airline
(
$XAL.X |
Quote |
Chart |
News |
PowerRating).
The weaker sectors today included: Gold
(
$XAU.X |
Quote |
Chart |
News |
PowerRating),
Broker/Dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating), Oil Service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating) and Home Builders
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 |
| Astoria Financial | ( AF | Quote | Chart | News | PowerRating) |
81 | 34.32 | 734,744 | 314,100 |
| Apria Healthcare | ( AHG | Quote | Chart | News | PowerRating) |
86 | 24.97 | 401,544 | 204,800 |
Chiron Corp |
( CHIR | Quote | Chart | News | PowerRating) |
96 | 41.05 | 2,439,112 |
2,837,742 |
| Dominion Resources | ( D | Quote | Chart | News | PowerRating) |
80 | 65.22 | 1,249,693 | 1,034,500 |
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 |
| Interpublic Group | ( IPG | Quote | Chart | News | PowerRating) |
2 | 18.24 | 2,331,338 | 1,789,100 |
| Petco | ( PETC | Quote | Chart | News | PowerRating)] |
14 | 19.25 | 308,779 | 1,153,179 |
| Shaw Group |
( SGR | Quote | Chart | News | PowerRating) |
1 | 15.75 | 896,428 |
891,100 |
| Shopko | ( SKO | Quote | Chart | News | PowerRating) |
14 | 16.55 | 225,462 | 277,200 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| American Medical Systems Holdings | ( AMMD | Quote | Chart | News | PowerRating) |
94 | 22.29 | 244,865 | 571,468 |
| Capital Automotive | ( CARS | Quote | Chart | News | PowerRating) |
88 | 25.05 |
204,238 | 187,100 |
3 Month RS of 20 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aeropostale | ( ARO | Quote | Chart | News | PowerRating) |
86 | 18.25 | 570,874 | 701,500 |
| Safeway | ( SWY | Quote | Chart | News | PowerRating) |
11 | 27.74 | 3,050,145 | 2,532,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Entergy | ( ETR | Quote | Chart | News | PowerRating) |
81 | 44.42 | 852,001 | 543,500 |
| Deere & Company | ( DE | Quote | Chart | News | PowerRating) |
88 | 29.40 | 816,036 | 508,100 |
| Deluxe Corp | ( DLX | Quote | Chart | News | PowerRating) |
94 | 46.09 | 394,646 | 408,100 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Sealed Air | ( AC | Quote | Chart | News | PowerRating) |
1 | 15.70 | 1,372,700 | 773,220 |
| Ameripath | ( RIG | Quote | Chart | News | PowerRating) |
15 | 16.59 | 406,072 | 194,371 |
| Maytag | ( MYG | Quote | Chart | News | PowerRating) |
14 | 33.13 | 518,747 | 535,400 |
Best of luck with your trading. Please use
protective stops on trades.