Tuesday’s Top Names
The market showed its hand
Monday, by closing on the low at levels not seen in years.
Until this market shows us anything different, keep
an eye on the short side as your primary focus. If and when the buying shows up,
we will attack from that angle.
Hottest Sectors: None.
Weakest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating) and High
Technology
(
$PSE.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 |
| American Water Works | ( AWK | Quote | Chart | News | PowerRating) |
80 | 43.98 | 423,158 | 514,300 |
| FBR Asset Investment | ( FB | Quote | Chart | News | PowerRating) |
92 | 31.00 | 342,511 | 206,500 |
Public Storage |
( PSA | Quote | Chart | News | PowerRating) |
80 | 36.31 | 273,225 |
77,300 |
| Lone Star Steakhouse & Saloon | ( STAR | Quote | Chart | News | PowerRating) |
89 | 20.25 | 363,651 | 370,104 |
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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 |
| Affiliated Computer | ( ACS | Quote | Chart | News | PowerRating) |
20 | 41.30 | 1,359,109 | 827,300 |
| Baxter International | ( BAX | Quote | Chart | News | PowerRating) |
16 | 35.75 | 4,006,109 | 3,233,600 |
Hotels.com |
( ROOM | Quote | Chart | News | PowerRating) |
20 | 37.71 | 951,101 |
523,800 |
| Verizon Communications | ( VZ | Quote | Chart | News | PowerRating) |
13 | 30.15 | 7,667,143 | 9,848,100 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| P.F. Chang’s | ( PFCB | Quote | Chart | News | PowerRating) |
86 | 27.74 | 722,028 | 925,711 |
| Willis Group Holdings | ( WSH | Quote | Chart | News | PowerRating) |
92 | 28.35 | 788,389 | 1,442,600 |
| Temple-Inland | ( TIN | Quote | Chart | News | PowerRating) |
86 | 50.02 | 584,095 | 351,100 |
| Aflac | ( AFL | Quote | Chart | News | PowerRating) |
84 | 29.31 | 1,873,225 | 2,101,700 |
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 |
| Lamar Advertising | ( LAMR | Quote | Chart | News | PowerRating) |
18 | 27.30 | 775,284 | 819,273 |
| Household International | ( HI | Quote | Chart | News | PowerRating) |
8 | 36.98 | 3,945,825 | 4,490,700 |
| Aon Corp. | ( AOC | Quote | Chart | News | PowerRating) |
8 | 21.28 | 1,089,068 | 1,297,600 |
| HealthNet, Inc | ( HNT | Quote | Chart | News | PowerRating) |
19 | 20.61 | 862,171 | 625,700 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| American Standard Corp. | ( ASD | Quote | Chart | News | PowerRating) |
82 | 68.20 | 639,911 | 637,800 |
| Energizer Holdings | ( ENR | Quote | Chart | News | PowerRating) |
96 | 29.24 | 406,652 | 1,021,400 |
| Yankee Candle Company | ( YCC | Quote | Chart | News | PowerRating) |
82 | 20.05 | 333,792 | 237,100 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Novellus | ( NVLS | Quote | Chart | News | PowerRating) |
6 | 24.03 | 10,591,158 | 6,821,500 |
| Semiconductor Holders ETF | ( SMH | Quote | Chart | News | PowerRating) |
11 | 22.70 | 6,611,560 | 2,917,400 |
| T.Rowe Price | ( TROW | Quote | Chart | News | PowerRating) |
19 | 24.13 | 693,571 | 821,184 |
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Best of luck with your trading Tuesday. Please use
protective stops on trades.