Tuesday’s Top Names
Another two CVR sell signals from
tonight’s
Market Bias Indicators (CVR II and CVR VI) in addition to a TRIN Thrust in
red show selling pressure is still the path of least resistance.
Focus is on the short side, but as always, trade ’em
as you see ’em. Let the market dictate where it will go, and follow along for
the ride.
Hottest Sectors:
Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) and Oil Service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and
Semiconductors
(
$SOX.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 |
| Amerada Hess | ( AHC | Quote | Chart | News | PowerRating) |
87 | 78.22 | 626,775 | 612,600 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
97 | 24.82 | 632,955 | 801,800 |
Newmont Mining |
( NEM | Quote | Chart | News | PowerRating) |
87 | 27.15 | 5,768,640 |
4,682,700 |
| Sangstat Medical | ( SANG | Quote | Chart | News | PowerRating) |
96 | 27.00 | 375,631 | 457,300 |
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 |
| Affymetrix | ( AFFX | Quote | Chart | News | PowerRating) |
17 | 26.90 | 2,160,269 | 922,700 |
| American International Group | ( AIG | Quote | Chart | News | PowerRating) |
9 | 70.69 | 6,216,666 | 4,215,800 |
| CDW Computer |
( CDWC | Quote | Chart | News | PowerRating) |
11 | 49.00 | 1,205,158 |
899,100 |
| XL Capital | ( XL | Quote | Chart | News | PowerRating) |
17 | 89.60 | 893,665 | 935,800 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Sangstat Medical | ( SANG | Quote | Chart | News | PowerRating) |
96 | 27.00 | 375,631 | 457,300 |
| Impath | ( IMPH | Quote | Chart | News | PowerRating) |
89 | 43.70 | 316,409 | 351,900 |
| Eastman Chemical | ( EMN | Quote | Chart | News | PowerRating) |
81 | 47.63 | 608,872 | 357,300 |
| Valero Energy | ( VLO | Quote | Chart | News | PowerRating) |
91 | 47.68 | 1,378,931 | 1,719,700 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Alliance Gaming | ( ALLY | Quote | Chart | News | PowerRating) |
20 | 28.25 | 558,886 | 1,041,700 |
| PEC Solutions | ( PECS | Quote | Chart | News | PowerRating) |
10 | 23.80 | 481,472 | 471,500 |
| Celestica | ( CLS | Quote | Chart | News | PowerRating) |
11 | 33.95 | 2,961,295 | 1,487,000 |
| ImClone Systems | ( IMCL | Quote | Chart | News | PowerRating) |
3 | 24.65 | 5,199,963 | 1,051,700 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
97 | 24.82 | 632,955 | 801,800 |
| Allegheny Energy | ( AYE | Quote | Chart | News | PowerRating) |
80 | 40.85 | 687,097 | 1,327,000 |
Newmont Mining |
( NEM | Quote | Chart | News | PowerRating) |
87 | 27.15 | 5,768,640 |
4,682,700 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Intersil Corp. | ( ISIL | Quote | Chart | News | PowerRating) |
11 | 26.65 | 3,697,423 | 8,230,500 |
| Myriad Genetics | ( MYGN | Quote | Chart | News | PowerRating) |
4 | 24.48 | 1,129,071 | 551,700 |
| Teva Pharmaceuticals | ( TEVA | Quote | Chart | News | PowerRating) |
18 | 56.12 | 925,964 | 469,700 |
Best of luck with your trading Tuesday. Please use
protective stops on trades.