Tuesday’s Top Names
The indices mounted a late
rally to leave tails on the daily charts.
This is a bullish sign of more upside, however, a
signal is just a signal until it follows through. With this in mind, lean to the
long side and be ready to short weakness if the sellers take hold.
Hottest Sectors:Â Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
and Utilities
(
$UTY.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and Retail
(
$RLX.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 |
| Amsurg Corp. | ( AMSG | Quote | Chart | News | PowerRating) |
90 | 31.61 | 241,990 | 438,400 |
| Immucor, Inc. | ( BLUD | Quote | Chart | News | PowerRating) |
99 | 23.93 | 279,267 | 970,363 |
Entergy Corp. |
( ETR | Quote | Chart | News | PowerRating) |
82 | 42.19 | 1,088,975 |
755,200 |
| Neurocrine Biosciences | ( NBIX | Quote | Chart | News | PowerRating) |
98 | 40.11 | 674,081 | 438,400 |
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 |
| Electronic Data Services | ( EDS | Quote | Chart | News | PowerRating) |
19 | 35.20 | 5,045,005 | 4,077,000 |
| Paychex | ( PAYX | Quote | Chart | News | PowerRating) |
14 | 20.55 | 3,453,462 | 4,538,111 |
Photon Dynamics |
( PHTN | Quote | Chart | News | PowerRating) |
9 | 19.87 | 780,238 |
888,318 |
| Tiffany and Co. | ( TIF | Quote | Chart | News | PowerRating) |
6 | 21.56 | 1,207,697 | 1,446,800 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| FirstEnergy Corp. | ( FE | Quote | Chart | News | PowerRating) |
87 | 32.73 | 1,288,903 | 663,800 |
| Genentech | ( DNA | Quote | Chart | News | PowerRating) |
87 | 35.45 | 2,645,534 | 1,279,200 |
Trimeris |
( TRMS | Quote | Chart | News | PowerRating) |
97 | 49.73 | 584,994 |
354,324 |
| Neurocrine Biosciences | ( NBIX | Quote | Chart | News | PowerRating) |
98 | 40.11 | 674,081 | 438,400 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Tiffany and Co. | ( TIF | Quote | Chart | News | PowerRating) |
6 | 21.56 | 1,207,697 | 1,446,800 |
| Baxter International | ( BAX | Quote | Chart | News | PowerRating) |
20 | 37.40 | 4,046,715 | 2,043,200 |
Mohawk Industries |
( MHK | Quote | Chart | News | PowerRating) |
14 | 44.56 | 885,632 |
637,600 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Taro Pharmaceuticals | ( TARO | Quote | Chart | News | PowerRating) |
99 | 31.80 | 487,325 | 926,343 |
| Trimeris | ( TRMS | Quote | Chart | News | PowerRating) |
97 | 49.73 | 584,994 | 354,324 |
| Wisconsin Energy | ( WEC | Quote | Chart | News | PowerRating) |
91 | 25.71 | 391,769 | 1,065,600 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Sabre Holdings | ( TSG | Quote | Chart | News | PowerRating) |
8 | 25.65 | 1,143,603 | 792,100 |
| Paychex | ( PAYX | Quote | Chart | News | PowerRating) |
14 | 20.55 | 3,453,462 | 4,538,111 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.