Tuesday’s Top Names
The rally stalled
out Monday as the broader markets ended lower for the session.
It appeared that traders were adjusting positions and taking some profits on a
day with considerable volume.
Hottest Sectors: Gold and Silver Index
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) and Oil Services Index
(
$OSX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Biotechnology
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and
Semiconductors
(
$SOX.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 |
| ASM International |
( ASMI | Quote | Chart | News | PowerRating) |
95 | 21.95 | 580,590 | 819,600 |
| Brocade | ( BRCD | Quote | Chart | News | PowerRating) |
94 | 38.10 | 17,755,500 | 12,103,400 |
| Continental Airlines |
( CAL | Quote | Chart | News | PowerRating) |
92 | 32.60 | 1,373,045 | 1,499,300 |
| Embarcadero Technologies | ( EMBT | Quote | Chart | News | PowerRating) |
99 | 24.85 | 349,136 | 111,400 |
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 |
| Advance PCS | ( ADVP | Quote | Chart | News | PowerRating) |
19 | 29.75 | 2,213,909 | 1,916,300 |
| AFLAC | ( AFL | Quote | Chart | News | PowerRating) |
2 | 23.12 | 1,962,727 | 1,909,800 |
| Amgen | [AMGN|AMGN | 3 | 55.69 | 10,753,545 | 13,561,800 |
| Enzon | ( ENZN | Quote | Chart | News | PowerRating) |
14 | 54.08 | 1,094,636 | 447,700 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Alloy Inc | ( ALOY | Quote | Chart | News | PowerRating) |
94 | 22.00 | 532,500 | 777,800 |
| Cymer Inc | ( CYMI | Quote | Chart | News | PowerRating) |
91 | 29.75 | 394,863 | 254,800 |
| Invision Technologies | ( INVN | Quote | Chart | News | PowerRating) |
98 | 28.63 | 2,766,909 | 1,208,500 |
| Mcafee Corp | ( MCAF | Quote | Chart | News | PowerRating) |
96 | 37.87 | 563,545 | 510,400 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Biomet | ( BMET | Quote | Chart | News | PowerRating) |
20 | 29.54 | 2,357,045 | 1,965,400 |
| Cubist Pharmaceuticals | ( CBST | Quote | Chart | News | PowerRating) |
9 | 34.20 | 677,954 | 480,600 |
| Boston Scientific | ( BSX | Quote | Chart | News | PowerRating) |
9 | 23.00 | 1,865,045 | 2,128,500 |
| Express Scripts | ( ESRX | Quote | Chart | News | PowerRating) |
5 | 43.03 | 2,224,045 | 2,695,500 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Avant | ( AVNT | Quote | Chart | News | PowerRating) |
99 | 20.90 | 854,863 | 1,119,000 |
| Circuit City Stores | ( CC | Quote | Chart | News | PowerRating) |
97 | 29.75 | 2,783,409 | 1,0674,900 |
| PEC Solutions | ( PECS | Quote | Chart | News | PowerRating) |
97 | 43.62 | 518,727 | 912,500 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Express Scripts |
( ESRX | Quote | Chart | News | PowerRating) |
5 | 43.03 | 2,224,045 | 2,695,500 |
| MicroSemi | ( MSCC | Quote | Chart | News | PowerRating) |
14 | 30.78 | 1,103,954 | 947,400 |
| Mylan Labs | ( MYL | Quote | Chart | News | PowerRating) |
18 | 35.65 | 1,098,318 | 626,400 |
Best of luck with your trading
Tuesday. Please use
protective stops on trades.