Tuesday’s Top Names
Monday’s session was sluggish
early on as traders were apprehensive ahead of the two day FOMC meeting beginning Tuesday.
Markets started the session in the green and had a roller coaster ride throughout the day to end the day mixed. Both the Nasdaq and DOW ended in the green, while the S&P ended the session off fractionally.
Hottest Sectors:
Semiconductor
(
$SOX.X |
Quote |
Chart |
News |
PowerRating) and GSTI Internet
(
$GIN.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Oil Services
(
$OSX.X |
Quote |
Chart |
News |
PowerRating) and
Biotechnology
(
$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 |
| Expedia Inc. |
( EXPE | Quote | Chart | News | PowerRating) |
93 | 51.02 | 518,800 | 2,105,700 |
| Internet Security Systems | ( ISSX | Quote | Chart | News | PowerRating) |
92 | 37.99 | 2,262,800 | 1,950,900 |
| Beazer Homes |
( BZH | Quote | Chart | News | PowerRating) |
97 | 81.60 | 292,545 | 465,700 |
| Lennar Corp | ( LEN | Quote | Chart | News | PowerRating) |
93 | 54.50 | 1,235,000 | 1,570,400 |
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 |
| Abgenix Inc | ( ABGX | Quote | Chart | News | PowerRating) |
4 | 23.75 | 1,530,681 | 2,084,400 |
| Biogen Inc | ( BGEN | Quote | Chart | News | PowerRating) |
15 | 53.90 | 2,876,400 | 3,200,600 |
| Corporate Executive Board |
( EXBD | Quote | Chart | News | PowerRating) |
15 | 31.60 | 424,100 | 139,900 |
| Airgate PCS | ( PCSA | Quote | Chart | News | PowerRating) |
1 | 24.16 | 872,900 | 995,900 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Internet Security Systems | ( ISSX | Quote | Chart | News | PowerRating) |
93 | 37.99 | 2,262,800 | 1,950,900 |
| Beazer Homes |
( BZH | Quote | Chart | News | PowerRating) |
97 | 81.60 | 292,545 | 465,700 |
| MRO Software | ( MROI | Quote | Chart | News | PowerRating) |
98 | 27.84 | 371,900 | 386,000 |
| Quest Software | ( QSFT | Quote | Chart | News | PowerRating) |
95 | 25.99 | 1,251,900 | 531,500 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Airgate PCS | ( PCSA | Quote | Chart | News | PowerRating) |
1 | 24.16 | 872,900 | 995,900 |
| PEC Solutions | ( PECS | Quote | Chart | News | PowerRating) |
18 | 26.38 | 738,900 | 509,600 |
| Amerisource Bergen | ( ABC | Quote | Chart | News | PowerRating) |
16 | 62.30 | 1,139,600 | 512,700 |
| Bristol Myers Squibb | ( BMY | Quote | Chart | News | PowerRating) |
4 | 45.81 | 7,197,100 | 8,106,000 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Computer Network Technology |
( CMNT | Quote | Chart | News | PowerRating) |
96 | 22.01 | 519,400 | 424,800 |
| Expedia Inc. |
( EXPE | Quote | Chart | News | PowerRating) |
93 | 51.02 | 518,800 | 2,105,700 |
| Action Performance |
( ACTN | Quote | Chart | News | PowerRating) |
91 | 39.48 | 345,500 | 2,507,800 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Human Genome Sciences | ( HGSI | Quote | Chart | News | PowerRating) |
3 | 27.47 | 2,982,300 | 1,622,800 |
| Genzyme Corp | ( GENZ | Quote | Chart | News | PowerRating) |
10 | 47.21 | 5,470,700 | 5,064,800 |
Best of luck with your trading
Tuesday. Please use
protective stops on trades.