Tuesday’s Top Names
The major markets ended the
day sharply higher.
It looks like we have a
CVR 2 buy for Tuesday, so there will be a slight bias to the long side.
Continue to be nimble in this market.
Hottest Sectors:
Semiconductor Index
(
$SOX.X |
Quote |
Chart |
News |
PowerRating) and Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors: Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Japan Index
(
$JPN.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 |
| Ambac Financial | ( ABK | Quote | Chart | News | PowerRating) |
85 | 68.70 | 665,617 | 614,100 |
| Aetna | ( AET | Quote | Chart | News | PowerRating) |
95 | 49.84 | 1,174,642 | 1,361,000 |
| CBRL Group | ( CBRL | Quote | Chart | News | PowerRating) |
93 | 33.76 | 901,911 | 910,800 |
General Dynamics |
( GD | Quote | Chart | News | PowerRating) |
84 |
105.80 |
1,171,948 |
1,250,000 |
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 |
| Qualcomm | ( QCOM | Quote | Chart | News | PowerRating) |
15 | 29.22 | 14,660,818 | 21,257,900 |
| Safeway | ( SWY | Quote | Chart | News | PowerRating) |
4 | 30.40 | 3,188,948 | 6,031,400 |
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Sonic Corp. | ( SONC | Quote | Chart | News | PowerRating) |
91 | 31.10 | 337,802 | 340,200 |
| Nucor | ( NUE | Quote | Chart | News | PowerRating) |
82 | 64.19 | 805,140 | 625,000 |
| New Century Fin. | ( NCEN | Quote | Chart | News | PowerRating) |
97 | 28.90 | 559,394 | 480,400 |
| Express Scripts | ( EXRX | Quote | Chart | News | PowerRating) |
80 | 57.09 | 2,012,806 | 1,168,500 |
3 Month RS of 20 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Bristol-Myers | ( BMY | Quote | Chart | News | PowerRating) |
4 | 26.15 | 11,891,251 | 8,058,000 |
| Interpublic Group | ( IPG | Quote | Chart | News | PowerRating) |
13 | 26.73 | 1,866,042 | 2,904,200 |
| Ralph Lauren | ( RL | Quote | Chart | News | PowerRating) |
20 | 24.08 | 410,351 | 289,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Aflac | ( AFL | Quote | Chart | News | PowerRating) |
80 | 31.32 | 1,474,291 | 1,697,300 |
| Wendy’s Int’l | ( WEN | Quote | Chart | News | PowerRating) |
92 | 40.85 | 828,263 | 2,303,700 |
| United Health | ( UNH | Quote | Chart | News | PowerRating) |
93 | 94.00 | 2,037,595 | 2,832,800 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Caterpiller |
( CAT | Quote | Chart | News | PowerRating) |
19 |
48.04 |
2,019,937 |
3,689,000 |
| Devry | ( DV | Quote | Chart | News | PowerRating) |
10 | 23.89 | 345,423 | 519,500 |
| FMC Corp. | ( FMC | Quote | Chart | News | PowerRating) |
8 | 28.81 | 360,060 | 833,300 |
Best of luck with your trading on Tuesday. Please
use protective stops on every trade.