Tuesday’s Top Names
Monday gave us a surprise
rally, with a little sell off at the end.
While the rally may have been a surprise, you should
not have been caught flat-footed if you had your stocks on the radar and your
entries figured out beforehand. The beauty of daytrading is that you can take
advantage of whichever way they decide to take it. Make sure you are watching
your screens and be ready to pounce. The long side is the one with the better-looking setups initially. Focus there until the market shows something
different.
Hottest Sectors: Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and
Broker/Dealers
(
$XBD.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Utilities
(
$UTY.X |
Quote |
Chart |
News |
PowerRating) and
Oil Index
(
$XOI.X |
Quote |
Chart |
News |
PowerRating).
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 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
99 | 27.09 | 874,929 | 1,976,600 |
| Career Education Corp. | ( CECO | Quote | Chart | News | PowerRating) |
90 | 46.50 | 686,246 | 607,200 |
| FTI Consulting |
( FCN | Quote | Chart | News | PowerRating) |
89 | 39.55 | 288,857 |
157,800 |
| Hovnanian Enterprises | ( HOV | Quote | Chart | News | PowerRating) |
98 | 39.05 | 521,234 | 1,638,400 |
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 |
| AMN Healthcare | ( AHS | Quote | Chart | News | PowerRating) |
20 | 19.95 | 423,029 | 644,100 |
| BJ’s Wholesale Club | ( BJ | Quote | Chart | News | PowerRating) |
6 | 23.45 | 1,067,814 | 1,858,500 |
Kronos, Inc. |
( KRON | Quote | Chart | News | PowerRating) |
12 | 24.56 | 340,023 |
373,700 |
| DuPont Photomasks | ( SPMI | Quote | Chart | News | PowerRating) |
17 | 23.68 | 256,899 | 243,200 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cognizant Technology Solutions | ( CTSH | Quote | Chart | News | PowerRating) |
98 | 62.87 | 384,283 | 726,069 |
| Rent-a-Center | ( RCII | Quote | Chart | News | PowerRating) |
87 | 58.33 | 436,456 | 504,800 |
| Accredo Health | ( ACDO | Quote | Chart | News | PowerRating) |
80 | 52.89 | 809,433 | 446,700 |
| Career Education Corp. | ( CECO | Quote | Chart | News | PowerRating) |
90 | 46.48 | 686,246 | 607,200 |
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 |
| Univision | ( UVN | Quote | Chart | News | PowerRating) |
11 | 23.65 | 2,527,152 | 1,669,400 |
| Ashland, Inc. | ( ASH | Quote | Chart | News | PowerRating) |
15 | 28.11 | 599,303 | 376,600 |
Â
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Harman International | ( HAR | Quote | Chart | News | PowerRating) |
95 | 53.60 | 319,806 | 227,200 |
| Mylan Labs | ( MYL | Quote | Chart | News | PowerRating) |
87 | 33.45 | 831,534 | 528,200 |
| Stryker Corp. | ( SYK | Quote | Chart | News | PowerRating) |
90 | 58.61 | 726,315 | 461,200 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| BJ Services | ( BJS | Quote | Chart | News | PowerRating) |
14 | 28.45 | 2,523,143 | 2,755,100 |
| Diamond Offshore Drilling | ( DO | Quote | Chart | News | PowerRating) |
8 | 21.34 | 1,019,614 | 1,274,100 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.