Tuesday’s Top Names
The indices’ strong close
combined with three CVR buy signals (one from Friday, two from today’s close)
give us an upside bias for Tuesday.
Remember, however, that bias does not translate into
“certainty.” Be ready to go after the same issues as the generals, and go where
the momentum shows itself.
Hottest Sectors:
Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating) and the Oil Index
(
$XOI.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Telecommunications
(
$XTC.C |
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 |
| Apollo Group | ( APOL | Quote | Chart | News | PowerRating) |
82 | 54.48 | 1,008,778 | 1,983,100 |
| Ball Corp. | ( BLL | Quote | Chart | News | PowerRating) |
90 | 48.58 | 271,982 | 453,800 |
Expedia |
( EXPE | Quote | Chart | News | PowerRating) |
97 | 70.09 | 856,497 |
709,400 |
| Wet Seal | ( WTSLA | Quote | Chart | News | PowerRating) |
90 | 38.60 | 342,231 | 509,300 |
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 |
| BellSouth | ( BLS | Quote | Chart | News | PowerRating) |
17 | 34.57 | 3,365,790 | 4,416,900 |
| Human Genome Sciences | ( HGSI | Quote | Chart | News | PowerRating) |
3 | 17.58 | 2,915,715 | 7,655,000 |
| Metro One Communications |
( MTON | Quote | Chart | News | PowerRating) |
14 | 22.52 | 512,860 |
610,800 |
| Intrado | ( TRDO | Quote | Chart | News | PowerRating) |
18 | 20.05 | 419,729 | 245,000 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Accredo Health | ( ACDO | Quote | Chart | News | PowerRating) |
97 | 60.08 | 937,842 | 845,500 |
| Westwood One | ( WON | Quote | Chart | News | PowerRating) |
81 | 39.00 | 418,890 | 445,200 |
| Sylvan Learning Centers | ( SLVN | Quote | Chart | News | PowerRating) |
85 | 28.38 | 369,790 |
431,900 |
| Lockheed Martin | ( LMT | Quote | Chart | News | PowerRating) |
84 | 60.10 | 2,184,000 | 1,638,700 |
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 |
| BellSouth | ( BLS | Quote | Chart | News | PowerRating) |
17 | 34.57 | 3,365,790 | 4,416,900 |
| Biomet | ( BMET | Quote | Chart | News | PowerRating) |
7 | 25.76 | 3,365,790 | 4,416,900 |
| SBC Communications | ( SBC | Quote | Chart | News | PowerRating) |
20 | 36.53 | 6,844,847 | 6,990,700 |
| International Business Machines | ( IBM | Quote | Chart | News | PowerRating) |
11 | 87.41 | 9,237,461 | 69,563,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| L-3 Communications | ( LLL | Quote | Chart | News | PowerRating) |
90 | 121.19 | 744,875 | 562,500 |
| Right Management Consultants | ( RMCI | Quote | Chart | News | PowerRating) |
93 | 25.05 | 341,046 | 145,200 |
| Tenet Healthcare | ( THC | Quote | Chart | News | PowerRating) |
86 | 69.32 | 2,224,852 | 1,597,000 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Enzon | ( ENZN | Quote | Chart | News | PowerRating) |
11 | 41.00 | 1,295,914 | 1,074,500 |
| Merck | ( MRK | Quote | Chart | News | PowerRating) |
17 | 54.16 | 6,556,865 | 9,233,000 |
| Intrado | ( TRDO | Quote | Chart | News | PowerRating) |
18 | 20.05 | 419,729 | 245,000 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.