Tuesday’s Top Names
The major markets traded lower
and closed near the lows of the day. We have
new CVRÂ buy signals setting up so you may want to tighten stops on shorts
and start looking for long opportunities on Tuesday.
Hottest Sectors:Â Japan
Index
(
$JPN.X |
Quote |
Chart |
News |
PowerRating) and Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors:Â Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and Oil Services
(
$OSX.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 |
| AngloGold | ( AU | Quote | Chart | News | PowerRating) |
96 | 33.83 | 828,755 | 1,058,300 |
| Freeport McMoran | ( FCX | Quote | Chart | News | PowerRating) |
95 | 20.16 | 1,511,077 | 1,638,400 |
| Fox Ent. |
( FOX | Quote | Chart | News | PowerRating) |
87 | 25.85 | 760,415 | 904,800 |
| Inco Ltd. |
( N | Quote | Chart | News | PowerRating) |
84 | 23.36 | 853,817 | 1,503,600 |
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 |
| Avnet | ( AVT | Quote | Chart | News | PowerRating) |
14 | 21.77 | 506,263 | 506,600 |
| Business Objects | ( BOBJ | Quote | Chart | News | PowerRating) |
6 | 26.41 | 944,934 | 627,400 |
| IDEC |
( IDPH | Quote | Chart | News | PowerRating) |
2 | 39.76 | 4,564,697 | 4,880,200 |
| Invitrogen |
( IVGN | Quote | Chart | News | PowerRating) |
5 | 32.80 | 1,733,508 | 814,900 |
Â
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Barrick Gold | ( ABX | Quote | Chart | News | PowerRating) |
89 | 22.37 | 3,145,374 | 3,019,000 |
| Newmont Mining | ( NEM | Quote | Chart | News | PowerRating) |
86 | 31.72 | 4,758,782 | 4,245,400 |
| Newell Rubbermaid | ( NWL | Quote | Chart | News | PowerRating) |
80 | 34.53 | 1,595,425 | 1,324,300 |
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 |
| Abbott Labs | ( ABT | Quote | Chart | News | PowerRating) |
4 | 45.42 | 4,681,822 | 3,862,400 |
| Amgen | ( AMGN | Quote | Chart | News | PowerRating) |
12 | 45.19 | 10,715,805 | 11,649,900 |
| Brooks-PRI | ( BRKS | Quote | Chart | News | PowerRating) |
2 | 28.91 | 871,063 | 1,031,900 |
| Beazer Homes | ( BZH | Quote | Chart | News | PowerRating) |
16 | 74.76 | 561,785 | 421,600 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| GoldCorp | ( GG | Quote | Chart | News | PowerRating) |
95 | 11.85 | 526,739 | 2,195,400 |
| Trigon Health | ( TGH | Quote | Chart | News | PowerRating) |
85 | 103.62 | 459,588 | 302,200 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Bioval |
( BVF | Quote | Chart | News | PowerRating) |
4 | 30.65 | 1,804,842 | 1,350,500 |
| Continental Air | ( CAL | Quote | Chart | News | PowerRating) |
3 | 21.05 | 1,363,811 | 1,086,600 |
| Sunoco | ( SUN | Quote | Chart | News | PowerRating) |
19 | 34.80 | 651,666 | 1,578,900 |
Â
Best of luck with your trading
Tuesday. Please
use protective stops on every trade.