Tuesday’s Top Names
For the past two weeks
the three major indices have been within limited trading ranges near
their respective recovery highs. Today the market averages moved aggressively
higher out of the starting gate. The trigger for the surge was related to
the Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) announcement that a federal judge endorsed
the company’s antitrust settlement with the U.S. government and nine states.
Also stronger Factory Orders data and the prospect for reduced interest rates
both here (Wednesday FOMC meeting) and abroad added to the underlying favorable
bias.
Strong Sectors: Networking
(
$NWX.X |
Quote |
Chart |
News |
PowerRating),
Semi
(
$SOX.X |
Quote |
Chart |
News |
PowerRating), Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating), Telecom, Wireless,
Airline
(
$XAL.X |
Quote |
Chart |
News |
PowerRating), Broker/Dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating), Storage,
Computer-Hardware, Lodging and Video Game
Weak: Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating), Oil
(
$XOI.X |
Quote |
Chart |
News |
PowerRating), Oil Service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating), Education, Defense, Consumer and Chemical
Tuesday’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
|
|
Dell Computer |
|
87 |
30.05 |
23,949,500 |
47,458,711 |
|
Getty Images |
|
96 |
29.06 |
427,900 |
911,354 |
| Investors Financial Services |
|
82 | 33.41 | 563,300 | 782,453 |
|
Kronos |
|
89 |
39.21 |
284,900 |
867,002 |
3 Month RS of 30 or lower
and close in bottom part of range
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
Rockwell Collins |
|
30 |
21.81 |
665,600 |
519,500 |
|
Crane Co. |
|
18 |
19.22 |
302,600 |
305,400 |
| Eastman Chemical |
|
27 | 36.67 | 581,100 | 442,200 |
|
FTI Consulting |
|
24 |
41.40 |
259,000 |
508,900 |
3 Month RS of 80
and higher with volume surge in last hour
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
Alltel |
|
83 |
52.21 |
1,178,700 |
1,620,900 |
|
Cox Comm. |
|
91 |
28.87 |
2,327,900 |
2,656,600 |
|
Pixar |
|
80 |
55.30 |
489,500 |
236,433 |
|
Univision |
|
82 |
27.40 |
1,823,800 |
1,958,800 |
3 Month RS of 30 and lower with volume surge in last hour
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
Sonic Automotive |
|
22 |
16.24 |
353,300 |
313,400 |
|
Sunoco |
|
29 |
29.60 |
464,100 |
292,800 |
|
York Intl |
|
16 |
23.30 |
244,300 |
438,300 |
|
Yum Brands |
|
12 |
22.70 |
2,532,100 |
2,918,700 |
Stocks in Slim Jims
High RS at
or near high
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
|
Factsheet Research |
|
88 |
29.87 |
355,100 |
363,100 |
|
Symantec Corp |
|
92 |
41.99 |
4,390,800 |
5,526,294 |
|
Taro Pharmaceutical |
|
80 |
37.35 |
406,600 |
1,054,594 |
Low RS at
or near low
|
Company Name |
Symbol |
Relative Strength
|
Price |
Average Volume
|
Today’s Volume
|
| Lockheed Martin |
LMT |
26 |
50.23 |
2,819,100 | 11,958,000 |