Tuesday’s Top Names
Monday’s strong close, with
CVR buy signals (I, V and VI) from the Market Bias Page say the way to lean is
to the long side for Tuesday. As always,
remember lean is the key word, not leap. This market has the ability to
suck away profits as fast as they come, so be nimble and continue to play both
sides as conditions warrant.
Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Oil Index
(
$XOI.X |
Quote |
Chart |
News |
PowerRating) and
Drugs
(
$DRG.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 |
| Amazon.com | ( AMZN | Quote | Chart | News | PowerRating) |
86 | 15.98 | 7,435,689 | 6,013,900 |
| Lennar Corp. | ( LEN | Quote | Chart | News | PowerRating) |
87 | 57.00 | 1,237,857 | 2,357,100 |
| Teva Pharmaceuticals |
( TEVA | Quote | Chart | News | PowerRating) |
86 | 62.40 | 931,832 |
1,300,500 |
| United Health | ( UNH | Quote | Chart | News | PowerRating) |
91 | 92.34 | 2,467,863 | 3,292,200 |
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 |
| Amgen | ( AMGN | Quote | Chart | News | PowerRating) |
4 | 31.07 | 17,757,033 | 22,889,800 |
| DRS Technologies | ( DRS | Quote | Chart | News | PowerRating) |
17 | 32.80 | 319,971 | 311,800 |
| Itron | ( ITRI | Quote | Chart | News | PowerRating) |
13 | 21.46 | 394,605 |
604,000 |
| Sabre Holdings | ( TSG | Quote | Chart | News | PowerRating) |
5 | 27.90 | 1,007,594 | 1,156,600 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Teva Pharmaceuticals | ( TEVA | Quote | Chart | News | PowerRating) |
86 | 62.40 | 855,761 | 1,301,900 |
| United Parcel Service | ( UPS | Quote | Chart | News | PowerRating) |
86 | 60.50 | 3,303,271 | 6,895,800 |
| Burlington Northern | ( BNI | Quote | Chart | News | PowerRating) |
82 | 28.20 | 2,263,419 | 1,587,100 |
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 |
| Amgen | ( AMGN | Quote | Chart | News | PowerRating) |
4 | 31.07 | 17,757,033 | 22,889,800 |
| THQ Inc. | ( THQI | Quote | Chart | News | PowerRating) |
10 | 23.45 | 1,206,371 | 1,380,400 |
| CVS Corp. |
( CVS | Quote | Chart | News | PowerRating) |
17 | 26.93 | 2,791,776 |
3,709,100 |
| Clear Channel Communications | ( CCU | Quote | Chart | News | PowerRating) |
5 | 32.70 | 7,874,771 | 5,054,500 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| KB Homes | ( KBH | Quote | Chart | News | PowerRating) |
90 | 48.70 | 984,778 | 1,674,300 |
| A. Schulman | ( SHLM | Quote | Chart | News | PowerRating) |
93 | 19.60 | 292,046 | 372,600 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Millipore | ( MIL | Quote | Chart | News | PowerRating) |
16 | 29.30 | 459,791 | 985,400 |
| Pharmaceutical Product Development | ( PPDI | Quote | Chart | News | PowerRating) |
9 | 18.95 | 925,062 | 2,235,100 |
| Sabre Holdings | ( TSG | Quote | Chart | News | PowerRating) |
5 | 27.90 | 1,007,594 | 1,156,600 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.