Tuesday’s Top Names
Monday’s lack off follow
through was a disappointment. Yet, after
Friday’s large gains, a pullback was to be expected. Continue to trade the
overall trend, as it appears we will be retesting the July 3 low.
Hottest Sectors: Banks
(
$BIX.X |
Quote |
Chart |
News |
PowerRating) and Gold
and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
and High Tech
(
$XCI.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 |
| Christopher and Banks | ( CHBS | Quote | Chart | News | PowerRating) |
85 | 43.40 | 413,158 | 552,000 |
| First Tennessee National | ( FTN | Quote | Chart | News | PowerRating) |
81 | 38.60 | 827,308 | 318,700 |
Kroll, Inc. |
( KROL | Quote | Chart | News | PowerRating) |
88 | 23.51 | 453,828 |
927,900 |
| North Fork Bancorp | ( NFB | Quote | Chart | News | PowerRating) |
85 | 39.98 | 671,898 | 607,300 |
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 |
| Allegheny Energy | ( AYE | Quote | Chart | News | PowerRating) |
3 | 23.95 | 984,814 | 2,872,900 |
| DuPont Photomasks | ( DPMI | Quote | Chart | News | PowerRating) |
9 | 31.15 | 326,378 | 176,100 |
International Business Machines |
( IBM | Quote | Chart | News | PowerRating) |
15 | 71.30 | 15,597,300 |
11,537,100 |
| Maxim Integrated Products | ( MXIM | Quote | Chart | News | PowerRating) |
13 | 37.76 | 7,032,811 | 8,349,900 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aetna | ( AET | Quote | Chart | News | PowerRating) |
90 | 47.04 | 1,895,238 | 875,100 |
| Coca-Cola | ( KO | Quote | Chart | News | PowerRating) |
81 | 57.28 | 7,411,761 | 6,300,300 |
| Williams-Sonoma | ( WSM | Quote | Chart | News | PowerRating) |
90 | 29.45 | 895,761 | 789,100 |
| Limited Brands | ( LTD | Quote | Chart | News | PowerRating) |
90 | 20.81 | 3,955,533 | 2,126,200 |
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 |
| Agilent Technologies | ( A | Quote | Chart | News | PowerRating) |
11 | 23.00 | 2,625,871 | 3,020,300 |
| Semtech Corp. | ( SMTC | Quote | Chart | News | PowerRating) |
16 | 26.00 | 1,387,095 | 877,200 |
International Business Machines |
( IBM | Quote | Chart | News | PowerRating) |
15 | 71.30 | 15,597,300 |
11,537,100 |
| International Rectifier | ( IRF | Quote | Chart | News | PowerRating) |
2 | 27.79 | 2,656,261 | 838,900 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aetna | ( AET | Quote | Chart | News | PowerRating) |
90 | 47.04 | 1,895,238 | 875,100 |
| PPG Industries | ( PPG | Quote | Chart | News | PowerRating) |
91 | 62.44 | 727,402 | 715,400 |
| Sierra Health Services | ( SIE | Quote | Chart | News | PowerRating) |
98 | 21.08 | 271,291 | 184,700 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Andrx Corp. | ( ADRX | Quote | Chart | News | PowerRating) |
2 | 21.56 | 2,037,203 | 1,497,500 |
| Kronos, Inc. | ( KRON | Quote | Chart | News | PowerRating) |
4 | 29.00 | 488,838 | 173,600 |
| Tidewater | ( TDW | Quote | Chart | News | PowerRating) |
20 | 31.80 | 835,962 | 473,700 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.