Tuesday’s Top Names
Monday’s strong close and
follow through from two CVR buy signals was a positive for the market.
For the Dow Industrials
(
$INDU |
Quote |
Chart |
News |
PowerRating) the
close above the psychologically important 10,000 level was particularly key. The market is
prone to move in threes, so the likelihood of a false rally off the recent low
and further movement to the upside is likely. So tilt that way, but as always,
be prepared for anything.
Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Biotechs
(
$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
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
Beazer Homes |
( BZH | Quote | Chart | News | PowerRating) |
93 | 87.05 | 359,688 |
397,900 |
| Pulte Homes | ( PHM | Quote | Chart | News | PowerRating) |
85 | 48.90 | 536,640 | 641,000 |
Ryland Group |
( RYL | Quote | Chart | News | PowerRating) |
91 | 86.95 | 411,117 |
902,000 |
| USA Networks | ( USAI | Quote | Chart | News | PowerRating) |
87 | 30.05 | 4,050,298 | 3,864,000 |
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 |
| CV Therapeutics | ( CVTX | Quote | Chart | News | PowerRating) |
13 | 38.89 | 847,958 | 908,200 |
| Genzyme | ( GENZ | Quote | Chart | News | PowerRating) |
15 | 44.55 | 5,541,522 | 6,367,700 |
Intermune |
( ITMN | Quote | Chart | News | PowerRating) |
18 | 38.75 | 995,611 |
871,700 |
| Myriad Genetics | ( MYGN | Quote | Chart | News | PowerRating) |
4 | 33.97 | 1,122,158 |
2,268,700 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Patterson Energy | ( PTEN | Quote | Chart | News | PowerRating) |
91 | 24.61 | 1,309,785 | 2,421,800 |
| FLIR Systems | ( FLIR | Quote | Chart | News | PowerRating) |
98 | 52.91 | 456,852 | 1,004,000 |
| Greater Bay Bancorp | ( GBBK | Quote | Chart | News | PowerRating) |
81 | 31.15 | 414,885 | 846,600 |
| Lamar Advertising | ( LAMR | Quote | Chart | News | PowerRating) |
80 | 40.30 | 824,061 | 437,900 |
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 |
| Swift Transportation | ( SWFT | Quote | Chart | News | PowerRating) |
20 | 21.37 | 709,328 | 416,800 |
| THQ Inc. | ( THQI | Quote | Chart | News | PowerRating) |
11 | 43.86 | 1,434,004 | 580,100 |
| Intersil Corp. | ( ISIL | Quote | Chart | News | PowerRating) |
6 | 28.55 | 3,436,147 | 3,456,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Dean Foods | ( DF | Quote | Chart | News | PowerRating) |
98 | 71.79 | 490,862 | 618,600 |
| Right Management Consultants | ( RMCI | Quote | Chart | News | PowerRating) |
91 | 25.45 | 348,083 | 362,300 |
| Teradyne | ( TER | Quote | Chart | News | PowerRating) |
83 | 33.44 | 2,642,225 | 3,387,300 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| American Healthways | ( AMHC | Quote | Chart | News | PowerRating) |
5 | 20.05 | 306,969 | 178,700 |
| Mercury Computer | ( MRCY | Quote | Chart | News | PowerRating) |
6 | 32.02 | 402,328 | 131,500 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.