Tuesday’s Top Names
FOMC meeting will be the focus
of Tuesday’s trading. Â
The indexes closed at the lows of the
day. Expect choppy trading ahead of the fed meeting so play light if at all.
Hottest Sectors: Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) and
Forest & Paper
(
$FPP.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors: Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating) and
BioTech
(
$BTK.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 |
| Triad Hospitals | ( TRI | Quote | Chart | News | PowerRating) |
92 | 42.83 | 628,623 | 892,700 |
| TakeTwo Interactive | ( TTWO | Quote | Chart | News | PowerRating) |
93 | 26.00 | 1,441,331 | 822,300 |
| Wellpoint Health Network |
( WLP | Quote | Chart | News | PowerRating) |
80 | 75.97 | 854,585 | 1,064,300 |
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 |
| Agilent | ( A | Quote | Chart | News | PowerRating) |
16 | 27.85 | 2,778,111 | 1,778,000 |
| Alcoa | ( AA | Quote | Chart | News | PowerRating) |
18 | 34.10 | 3,678,138 | 2,778,300 |
| Biogen | ( BGEN | Quote | Chart | News | PowerRating) |
6 | 39.86 | 3,647,012 | 4,890,600 |
Eli Lilly |
( LLY | Quote | Chart | News | PowerRating) |
12 |
65.57 |
3,228,900 |
2,190,500 |
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 |
| Newmont Mining | ( NEM | Quote | Chart | News | PowerRating) |
87 | 30.30 | 4,553,331 | 4,307,900 |
| Standard Pacific | ( SPF | Quote | Chart | News | PowerRating) |
85 | 34.00 | 393,968 | 775,900 |
| Coca Cola | ( KO | Quote | Chart | News | PowerRating) |
83 | 56.51 | 5,719,604 | 3,651,600 |
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 |
| Enzon | ( ENZN | Quote | Chart | News | PowerRating) |
3 | 30.60 | 1,329,009 | 3,291,200 |
| Silicon Labs | ( SLAB | Quote | Chart | News | PowerRating) |
16 | 24.50 | 752,968 | 1,227,100 |
| Cephalon | ( CEPH | Quote | Chart | News | PowerRating) |
16 | 55.09 | 1,728,381 | 2,719,200 |
| Morgan Stanley | ( MWD | Quote | Chart | News | PowerRating) |
14 | 45.06 | 6,154,763 | 5,417,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cemex | ( CX | Quote | Chart | News | PowerRating) |
99 | 31.40 | 778,351 | 202,500 |
| Polymedica | ( PLMD | Quote | Chart | News | PowerRating) |
89 | 39.23 | 309,962 | 155,100 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Ticketmaster | TMCS | 9 | 21.51 | 1,014,048 | 254,200 |
| SK Telecom | SKM | 18 | 20.20 | 489,303 | 816,400 |
| Reebok | RBK | 17 | 26.90 | 667,963 | 356,100 |
Â
Best of luck with your trading Tuesday. Please
use protective stops on every trade.