Tuesday’s Top Names
The late-day rally gave us our
third top-of-the-range/positive close over the last four sessions.
While I am still not jumping for joy over the start
of the new bull market, until it shows different, the path of least resistance
is for now to the upside.
Hottest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
and Telecommunications
(
$XTC.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Biotechs
(
$BTK.X |
Quote |
Chart |
News |
PowerRating) and
Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating).
Tuesday’s stocks to
watch:
3 Month RS of 80 and higher and close in top
part of
range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Bear Stearns | ( BSC | Quote | Chart | News | PowerRating) |
89 | 65.95 | 1,126,414 | 705,600 |
| CAC International | ( CAI | Quote | Chart | News | PowerRating) |
96 | 39.35 | 393,067 | 440,600 |
Goldman Sachs |
( GS | Quote | Chart | News | PowerRating) |
82 | 79.75 | 5,830,057 |
2,459,000 |
| Lennar Corp. | ( LEN | Quote | Chart | News | PowerRating) |
86 | 56.20 | 1,701,126 | 1,756,000 |
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 |
| Cheesecake Factory | ( CAKE | Quote | Chart | News | PowerRating) |
14 | 30.00 | 690,547 | 1,358,700 |
| D&K Healthcare | ( DKWD | Quote | Chart | News | PowerRating) |
19 | 25.07 | 302,746 | 162,501 |
General Dynamics |
( GD | Quote | Chart | News | PowerRating) |
19 | 74.93 | 2,031,278 |
3,040,100 |
| Sonic Corp. | ( SONC | Quote | Chart | News | PowerRating) |
14 | 24.21 | 509,202 | 428,029 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cardinal Health | ( CAH | Quote | Chart | News | PowerRating) |
92 | 67.18 | 2,795,415 | 1,790,900 |
| Dominion Resources | ( D | Quote | Chart | News | PowerRating) |
83 | 65.85 | 1,568,783 | 955,000 |
| Bed, Bath and Beyond |
( BBBY | Quote | Chart | News | PowerRating) |
87 | 34.42 | 4,379,793 |
2,547,100 |
| Lincare Holdings | ( LNCR | Quote | Chart | News | PowerRating) |
93 | 34.84 | 1,389,797 | 638,100 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Andrx Corp. | ( ADRX | Quote | Chart | News | PowerRating) |
20 | 24.80 | 2,383,466 | 1,027,856 |
| Goodrich Corp. | ( GR | Quote | Chart | News | PowerRating) |
5 | 21.10 | 781,595 | 644,000 |
| Ingersoll-Rand | ( IR | Quote | Chart | News | PowerRating) |
14 | 37.89 | 1,256,954 | 1,175,300 |
| Cooper Industries | ( CBE | Quote | Chart | News | PowerRating) |
19 | 31.80 | 775,848 | 860,200 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| CoinStar | ( CSTR | Quote | Chart | News | PowerRating) |
90 | 32.75 | 255,824 | 220,099 |
| NorthFork Bancorp | ( NFB | Quote | Chart | News | PowerRating) |
81 | 42.01 | 1,283,606 | 559,600 |
| Wellpoint Health | ( WLP | Quote | Chart | News | PowerRating) |
88 | 76.24 | 1,846,883 | 1,126,000 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Allamerica Financial | ( AFC | Quote | Chart | News | PowerRating) |
2 | 23.35 | 449,375 | 409,400 |
| Gtech Holdings | ( GTK | Quote | Chart | News | PowerRating) |
10 | 20.09 | 736,226 | 416,400 |
| NDC Health Corp. | ( NDC | Quote | Chart | News | PowerRating) |
14 | 21.30 | 346,515 | 162,900 |
Â
Best of luck with your trading Tuesday. Please use
protective stops on trades.