Tuesday’s Top Names
With two CVR signals carrying over from Friday’s
Market Bias Indicators page and the tendency of the market to react in
threes, the bias is to the long side for Tuesday’s session, which will be the
third up day if it plays out. Remember, however, that we lean in a
direction, but don’t jump until we see confirmation. Always keep candidates on
the list for both directions, so they are there when you need them.
Hottest Sectors:
Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating) and Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Gold and Silver
(
$XAU.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 |
| Cymer | ( CYMI | Quote | Chart | News | PowerRating) |
97 | 40.95 | 714,328 |
917,000 |
| InVision Technologies | ( INVN | Quote | Chart | News | PowerRating) |
99 | 41.60 | 3,142,148 | 2,719,600 |
| Level 3 Communications |
( LLL | Quote | Chart | News | PowerRating) |
81 | 107.05 | 570,594 |
917,000 |
| Weyerhauser | ( WY | Quote | Chart | News | PowerRating) |
82 | 62.32 | 825,248 | 1,613,000 |
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 |
| Andrx Corp. | ( ADRX | Quote | Chart | News | PowerRating) |
3 | 45.03 | 1,512,746 | 5,549,700 |
| Enzon | ( ENZN | Quote | Chart | News | PowerRating) |
9 | 47.89 | 1,243,642 | 1,132,900 |
| NetIQ | ( NTIQ | Quote | Chart | News | PowerRating) |
7 | 24.99 | 1,525,698 |
1,230,200 |
| VeriSign | ( VRSN | Quote | Chart | News | PowerRating) |
2 | 25.68 | 11,160,374 | 13,126,300 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Micron Technology | ( MU | Quote | Chart | News | PowerRating) |
91 | 37.60 | 8,596,804 | 7,861,800 |
| Cymer | ( CYMI | Quote | Chart | News | PowerRating) |
97 | 40.95 | 714,328 | 917,000 |
| Smith International | ( SII | Quote | Chart | News | PowerRating) |
89 | 56.95 | 1,049,500 | 1,420,400 |
| Weyerhauser | ( WY | Quote | Chart | News | PowerRating) |
82 | 62.32 | 825,248 | 1,613,000 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Andrx Corp. | ( ADRX | Quote | Chart | News | PowerRating) |
3 | 45.03 | 1,512,746 | 5,549,700 |
| Veeco Instruments |
( VECO | Quote | Chart | News | PowerRating) |
13 | 26.84 | 573,233 |
2,367,800 |
| Utilicorp United | ( UCU | Quote | Chart | News | PowerRating) |
5 | 22.66 | 1,069,514 | 672,100 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cognos | ( COGN | Quote | Chart | News | PowerRating) |
94 | 28.45 | 398,597 | 507,800 |
| Jones New York | ( JNY | Quote | Chart | News | PowerRating) |
81 | 34.95 | 1,117,149 | 1,416,300 |
| Nucor Corp. | ( NUE | Quote | Chart | News | PowerRating) |
86 | 57.15 | 665,262 | 407,700 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Hain Celestial Group | ( HAIN | Quote | Chart | News | PowerRating) |
9 | 20.04 | 321,823 | 273,300 |
| Syncor Corp. | ( SCOR | Quote | Chart | News | PowerRating) |
7 | 23.25 | 412,632 | 453,600 |
| Veeco Instruments |
( VECO | Quote | Chart | News | PowerRating) |
13 | 26.84 | 573,233 |
2,367,800 |
Best of luck with your trading Tuesday. Please use
protective stops on trades.