Tuesday’s Top Names
At the beginning of a
shortened trading week,
the futures pointed to a positive open. U.S. stocks rose for the third day in
four as an industry report showed home sales climbed more than expected in
October and some investors said government figures tomorrow will show
third-quarter economic growth was faster than initially reported.Â
Strong Sectors:
auto, tele. equip., storage, entertainment,
semiconductor, paper, retail, homebuilding and steel
Weak Sectors:
managed care, health care fac., grocery, beverage,
household prod. and drug store
Tuesday’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 |
| Cree Inc. |
( CREE | Quote | Chart | News | PowerRating) |
94 | 23.92 | 2,861,500 |
2,457,653 |
| Office Depot | ( ODP | Quote | Chart | News | PowerRating) |
83 | 17.16 | 1,800,100 | 2,697,800 |
Photon Dynamics |
( PHTN | Quote | Chart | News | PowerRating) |
94 | 34.53 | 882,200 |
1,205,227 |
| Linear Technology | ( LLTC | Quote | Chart | News | PowerRating) |
83 | 34.96 | 9,892,800 | 8,237,196 |
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 |
| McKesson Corp | ( MCK | Quote | Chart | News | PowerRating) |
11 | 26.94 | 1,790,600 | 2,178,900 |
| Triad Hospitals | ( TRI | Quote | Chart | News | PowerRating) |
7 | 28.74 | 1,117,700 | 1,688,500 |
Career Edu Corp |
( CECO | Quote | Chart | News | PowerRating) |
24 | 39.70 | 1,387,300 |
1,001,644 |
| Colgate-Palmolive | ( CL | Quote | Chart | News | PowerRating) |
25 | 51.04 | 2,205,200 | 2,493,300 |
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Icos Corp. | ( ICOS | Quote | Chart | News | PowerRating) |
82 | 32.13 | 1,078,700 | 1,679,972 |
| Lam Research | ( LRCX | Quote | Chart | News | PowerRating) |
90 | 16.19 | 2,659,300 | 3,297,405 |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
84 | 31.62 | 1,980,200 | 1,231,500 |
| WebEx Comm | ( WEBX | Quote | Chart | News | PowerRating) |
82 | 20.00 | 799,300 | 1,600,334 |
3 Month RS of 30 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Astoria Fincl Group | ( AP | Quote | Chart | News | PowerRating) |
20 | 26.60 | 614,400 | 202,200 |
| Beckman Coulter | ( BEC | Quote | Chart | News | PowerRating) |
13 | 29.11 | 876,800 | 742,300 |
| Gannett | ( GCI | Quote | Chart | News | PowerRating) |
28 | 71.07 | 1,355,400 | 3,221,800 |
| Henry Schein | ( HSIC | Quote | Chart | News | PowerRating) |
11 | 41.75 | 580,100 | 1,824,570 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cognos | ( COGN | Quote | Chart | News | PowerRating) |
86 | 25.49 | 1,183,600 | 945,460 |
| Forest Labs | ( FRX | Quote | Chart | News | PowerRating) |
83 | 108.20 | 1,933,400 | 1,760,400 |
| Genesis Microchip | ( GNSS | Quote | Chart | News | PowerRating) |
98 | 21.41 | 2,397,200 | 4,581,268 |
| Novellus Systems | ( NVLS | Quote | Chart | News | PowerRating) |
84 | 36.25 | 11,404,500 | 14,220,040 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Jefferson Pilot | ( JP | Quote | Chart | News | PowerRating) |
23 | 38.31 | 575,700 | 503,500 |
Best of luck with your trading Monday. Please
use protective stops on trades.