Tuesday’s Top Names
The markets
continued the follow through downward as we enter the first week of the 2002
earnings season. The S&P 500 has fell
five of the last six trading
sessions, as the Dow and the Nasdaq closed below their psychological levels of
10,000 and 2,000, respectively.
Hottest Sectors:
Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) and Consumer Cyclicals
(
$CMR.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Airlines
(
$XAL.X |
Quote |
Chart |
News |
PowerRating) and
Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating).
Monday’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 |
| IGEN International |
( IGEN | Quote | Chart | News | PowerRating) |
90 | 40.6475 | 369,227 | 1,224,200 |
| Cymer Inc | ( CYMI | Quote | Chart | News | PowerRating) |
98 | 34.96 | 460,227 |
843,500 |
| Invision Technologies |
( INVN | Quote | Chart | News | PowerRating) |
96 | 30.12 | 2,665,818 | 3,384,300 |
| Overture Services, Inc. | ( OVER | Quote | Chart | News | PowerRating) |
98 | 36.91 | 1,213,909 | 1,065,900 |
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) |
11 | 26.43 | 1,558,818 | 1,880,900 |
| Copart Inc | ( CPRT | Quote | Chart | News | PowerRating) |
10 | 31.52 | 703,181 |
1,205,700 |
| Investment Technology Group |
( ITG | Quote | Chart | News | PowerRating) |
15 | 37.51 | 294,954 | 255,300 |
| Protein Design Labs | ( PDLI | Quote | Chart | News | PowerRating) |
15 | 26.27 | 3,034,772 | 2,808,500 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Lumenis | ( LUME | Quote | Chart | News | PowerRating) |
93 | 22.60 | 615,727 | 515,300 |
| Secure Computing | ( SCUR | Quote | Chart | News | PowerRating) |
92 | 21.10 | 404,545 | 544,400 |
| Riverstone Networks | ( RSTN | Quote | Chart | News | PowerRating) |
98 | 20.07 | 3,422,318 | 5,024,800 |
| Siebel Systems | ( SEBL | Quote | Chart | News | PowerRating) |
96 | 34.15 | 17,865,180 | 15,724,100 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Protein Design Labs | ( PDLI | Quote | Chart | News | PowerRating) |
15 | 26.27 | 3,034,772 | 2,808,500 |
| Biomet | ( BMET | Quote | Chart | News | PowerRating) |
15 | 43.85 | 2,338,863 | 1,685,300 |
| Airgate PCS | ( PCSA | Quote | Chart | News | PowerRating) |
2 | 29.77 | 556,863 | 1,746,800 |
| THQ Inc. | [THQI|THQI | 4 | 43.85 | 1,563,818 | 2,864,900 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| IGEN International |
( IGEN | Quote | Chart | News | PowerRating) |
90 | 40.6475 | 369,227 | 1,224,200 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Investment Technology Group |
( ITG | Quote | Chart | News | PowerRating) |
15 | 37.51 | 294,954 | 232,000 |
| Cincinnati Financial |
( CINF | Quote | Chart | News | PowerRating) |
11 | 36.76 | 338,636 | 263,800 |
| Electronic Arts |
( ERTS | Quote | Chart | News | PowerRating) |
13 | 52.29 | 3,002,227 | 3,485,700 |
Best of luck with your trading
Tuesday. Please use
protective stops on trades.