Tuesday’s Top Names
Another strong close
Monday leaves us in position for a pause or a pullback in the indices.
Momentum tends to beget more momentum, however, so
don’t be surprised by more strength short-term. Anticipate the walking off of
the recent upside action, but be ready to hop back on the momentum train if it
shows up Tuesday ready to leave the station.
Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Broker/Dealers
(
$XBD.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 |
| Â Cognos | ( COGN | Quote | Chart | News | PowerRating) |
82 | 28.94 | 442,038 | 1,247,900 |
| Cymer | ( CYMI | Quote | Chart | News | PowerRating) |
97 | 44.51 | 941,505 | 1,972,200 |
Expedia |
( EXPE | Quote | Chart | News | PowerRating) |
96 | 61.49 | 752,975 |
695,000 |
| Hotel Reservations Network | ( ROOM | Quote | Chart | News | PowerRating) |
92 | 60.26 | 351,646 | 1,348,100 |
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 |
| Apria Healthcare | ( AHG | Quote | Chart | News | PowerRating) |
12 | 20.83 | 380,709 | 627,700 |
| ImClone | ( IMCL | Quote | Chart | News | PowerRating) |
5 | 25.95 | 6,324,508 | 9,490,600 |
Kinder Morgan |
( KMI | Quote | Chart | News | PowerRating) |
6 | 41.00 | 928,077 |
2,528,600 |
| Tenet Healthcare | ( THC | Quote | Chart | News | PowerRating) |
18 | 56.65 | 2,006,863 | 3,275,500 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Hotel Reservations Network | ( ROOM | Quote | Chart | News | PowerRating) |
92 | 60.26 | 351,646 | 1,348,100 |
| FLIR Systems | ( FLIR | Quote | Chart | News | PowerRating) |
97 | 58.42 | 617,023 | 923,600 |
| Cooper Cameron | ( CAM | Quote | Chart | News | PowerRating) |
89 | 47.40 | 849,095 | 658,500 |
| Silicon Valley Bancshares | ( SIVB | Quote | Chart | News | PowerRating) |
86 | 28.99 | 500,100 | 928,500 |
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 |
SeaChange International |
( SEAC | Quote | Chart | News | PowerRating) |
4 | 22.26 | 639,528 |
1,394,800 |
| McKesson | ( MCK | Quote | Chart | News | PowerRating) |
20 | 32.21 | 1,418,557 | 3,725,900 |
Kinder Morgan |
( KMI | Quote | Chart | News | PowerRating) |
6 | 41.00 | 928,077 |
2,528,600 |
| United Health | ( UHS | Quote | Chart | News | PowerRating) |
14 | 37.80 | 412,642 | 1,198,900 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Atlantic Coast Airlines | ( ACAI | Quote | Chart | News | PowerRating) |
89 | 29.10 | 484,651 | 768,700 |
| Helmerich and Payne | ( HP | Quote | Chart | News | PowerRating) |
84 | 36.73 | 367,214 | 654,000 |
| Parker-Hannifin | ( PH | Quote | Chart | News | PowerRating) |
82 | 53.85 | 637,074 | 1,700,500 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Apria Healthcare | ( AHG | Quote | Chart | News | PowerRating) |
12 | 20.83 | 380,709 | 627,700 |
| Community Health Systems | ( CYH | Quote | Chart | News | PowerRating) |
16 | 20.35 | 406,997 | 959,400 |
| Tenet Healthcare | ( THC | Quote | Chart | News | PowerRating) |
18 | 56.65 | 2,006,863 | 3,275,500 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.