Tuesday’s Top Names
While Monday’s recovery in the
afternoon is encouraging, the volume was extremely light in the day’s trading.
One still has to respect the three down arrows from CVR sells
(from Thursday, March 28) on CVR I, CVR II and CVR VI. While the follow through
did not show up today after first half of the session, keep in mind that the
signals often foretell a market reversal within three days.
Hottest Sectors:
Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating) and Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating) and Cyclicals
(
$CYC.X |
Quote |
Chart |
News |
PowerRating).
Tuesday’s stocks to
watch:
3 Month RS of 80 and higher and close in top
part of
range
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Applied Materials | ( AMAT | Quote | Chart | News | PowerRating) |
80 | 55.52 | 18,058,106 | 7,150,300 |
| Alliant Techsystems | ( ATK | Quote | Chart | News | PowerRating) |
90 | 106.50 | 315,852 | 533,800 |
| Scios, Inc. |
( SCIO | Quote | Chart | News | PowerRating) |
94 | 30.47 | 919,871 |
993,300 |
| Zoran Corp. | ( ZRAN | Quote | Chart | News | PowerRating) |
92 | 47.72 | 919,476 | 1,336,200 |
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 |
| Biogen | ( BGEN | Quote | Chart | News | PowerRating) |
6 | 47.98 | 3,075,306 | 4,044,600 |
| Electronics Boutique Holdings | ( ELBO | Quote | Chart | News | PowerRating) |
11 | 32.98 | 447,862 | 300,400 |
O’Reilly Automotive |
( ORLY | Quote | Chart | News | PowerRating) |
15 | 29.94 | 443,754 |
405,900 |
| Everest RE Group | ( RE | Quote | Chart | News | PowerRating) |
19 | 68.04 | 424,055 | 201,500 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Zoran Corp. | ( ZRAN | Quote | Chart | News | PowerRating) |
92 | 47.72 | 919,476 | 1,336,200 |
| SanDisk | ( SNDK | Quote | Chart | News | PowerRating) |
95 | 22.99 | 1,816,676 | 1,362,300 |
| Scios, Inc. |
( SCIO | Quote | Chart | News | PowerRating) |
94 | 30.47 | 919,871 |
993,300 |
| Helmerich and Payne | ( HP | Quote | Chart | News | PowerRating) |
86 | 41.15 | 481,409 | 484,300 |
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 |
O’Reilly Automotive |
( ORLY | Quote | Chart | News | PowerRating) |
15 | 29.94 | 443,754 |
405,900 |
| AdvancePCS | ( ADVP | Quote | Chart | News | PowerRating) |
16 | 29.55 | 1,150,957 | 758,800 |
| Internet Security Systems | ( ISSX | Quote | Chart | News | PowerRating) |
4 | 21.90 | 3,844,852 | 6,127,200 |
| Mylan Labs | ( MYL | Quote | Chart | News | PowerRating) |
7 | 28.92 | 845,300 | 728,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Alliant Techsystems | ( ATK | Quote | Chart | News | PowerRating) |
90 | 106.50 | 315,852 | 533,800 |
| Precise Software | ( PRSE | Quote | Chart | News | PowerRating) |
80 | 24.50 | 478,366 | 565,400 |
| SanDisk | ( SNDK | Quote | Chart | News | PowerRating) |
95 | 22.99 | 1,816,676 | 1,362,300 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Biogen | ( BGEN | Quote | Chart | News | PowerRating) |
6 | 47.98 | 3,075,306 | 4,044,600 |
| Goldman Sachs | ( GS | Quote | Chart | News | PowerRating) |
20 | 88.47 | 3,370,980 | 2,705,500 |
| The Stanley Works | ( SWK | Quote | Chart | News | PowerRating) |
19 | 45.30 | 488,309 | 394,600 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.