Tuesday’s Top Names
The major markets traded in a
tight range for most of the day, closing near the lows.
A CVR2Â
sell is setting up for Tuesday along with some carry over sell
signals, so the bias is down.
Hottest Sectors:Â Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Utilities
(
$UTY.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors:Â Healthcare
(
$HMO.X |
Quote |
Chart |
News |
PowerRating)
and Software
(
$GSO.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 |
| Precision Drilling | ( PDS | Quote | Chart | News | PowerRating) |
94 | 37.43 | 330,838 | 89,400 |
| Rowan Co. | ( RDC | Quote | Chart | News | PowerRating) |
87 | 25.18 | 1,458,462 | 645,900 |
| United Auto | ( UAG | Quote | Chart | News | PowerRating) |
96 | 30.25 | 333,040 | 141,900 |
Cumulus Media |
( CMLS | Quote | Chart | News | PowerRating) |
91 |
21.70 |
601,152 |
1,070,800 |
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 |
| Abbott Labs | ( ABT | Quote | Chart | News | PowerRating) |
6 | 47.01 | 4,595,963 | 5,572,500 |
| Alltel | ( AT | Quote | Chart | News | PowerRating) |
14 | 50.64 | 1,214,471 | 567,500 |
| UTStarcom | ( UTSI | Quote | Chart | News | PowerRating) |
20 | 22.48 | 1,474,232 | 780,400 |
TMP Worldwide |
( TMPW | Quote | Chart | News | PowerRating) |
10 |
28.62 |
2,902,618 |
1,544,300 |
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 |
| Take Two Interactive | ( TTWO | Quote | Chart | News | PowerRating) |
93 | 26.01 | 1,051,338 | 950,400 |
| AT&T Canada | ( ATTC | Quote | Chart | News | PowerRating) |
81 | 23.94 | 655,671 | 525,000 |
| ManPower | ( MAN | Quote | Chart | News | PowerRating) |
80 | 41.70 | 689,338 | 322,700 |
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 |
| Saint Paul Co. | ( SPC | Quote | Chart | News | PowerRating) |
17 | 42.80 | 1,052,100 | 4,269,900 |
| CV Therapeutics | ( CVTX | Quote | Chart | News | PowerRating) |
1 | 23.78 | 711,847 | 412,900 |
| Edwards Life | ( EW | Quote | Chart | News | PowerRating) |
13 | 23.78 | 427,614 | 324,400 |
| Rudolph Tech. | ( RTEC | Quote | Chart | News | PowerRating) |
4 | 29.50 | 491,923 | 466,600 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Barrick Gold | ( ABX | Quote | Chart | News | PowerRating) |
82 | 22.51 | 3,077,805 | 3,237,700 |
| EOG Resources | ( EOG | Quote | Chart | News | PowerRating) |
81 | 42.70 | 890,712 | 454,000 |
| Tuesday Morning | ( TUES | Quote | Chart | News | PowerRating) |
94 | 27.05 | 382,178 | 248,800 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
ACE Ltd. |
( ACE | Quote | Chart | News | PowerRating) |
2 |
32.80 |
2,335,365 |
2,523,300 |
| American Int’l Group | ( AIG | Quote | Chart | News | PowerRating) |
16 | 67.95 | 6,163,582 | 4,919,300 |
| Delta Airlines | ( DAL | Quote | Chart | News | PowerRating) |
9 | 26.22 | 1,467,003 | 1,581,200 |
Â
Best of luck with your trading Tuesday. Please
use protective stops on every trade.