Tuesday’s Top Names
The Market continues to move up with weaker
volume. Today the major indexes hit their 50-day moving averages and closed
above them. Some indicators are beginning to turn to the oversold position. The
economic picture is still foggy. Right now there is still uncertainty. Keep your
stops in place and don’t get greedy on your trades. Take profits when the
opportunity presents itself.
Hottest Sectors: Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating),
Homebuilding, Telcom, Gaming and Storage
Weakest Sectors: Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating), Gold
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Airline
(
$XAL.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 |
| Alliance Capital Management | ( AC | Quote | Chart | News | PowerRating) |
82 | 34.15 | 267,295 | 226,900 |
| Aflac | ( AFL | Quote | Chart | News | PowerRating)] |
82 | 67.75 | 1,990,439 | 1,594,800 |
| A.G. Edwards |
( AGE | Quote | Chart | News | PowerRating) |
80 | 38.74 | 404,982 |
344,900 |
| Deluxe Corp | ( DLX | Quote | Chart | News | PowerRating) |
95 | 46.93 | 393,366 | 341,800 |
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 |
| Intermune | ( ITMN | Quote | Chart | News | PowerRating) |
18 | 20.06 | 788,967 | 584,170 |
| JetBlue Airlines | ( JBLU | Quote | Chart | News | PowerRating) |
9 | 36.39 | 491,247 | 837,196 |
United Auto Group |
( UAG | Quote | Chart | News | PowerRating) |
5 | 16.37 | 221,232 |
310,700 |
| Astrazeneca | ( AZN | Quote | Chart | News | PowerRating) |
6 | 30.98 | 795,618 | 7,249,100 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| General Electric | ( GE | Quote | Chart | News | PowerRating) |
86 | 32.89 | 25,460,360 | 24,067,300 |
| Waters Corp. | ( WAT | Quote | Chart | News | PowerRating) |
86 | 25.63 | 1,334,439 | 692,300 |
| Pixar | ( PIXR | Quote | Chart | News | PowerRating) |
95 | 50.00 | 263,806 |
955,172 |
| Hovanian Enterprises | ( HOV | Quote | Chart | News | PowerRating) |
93 | 30.87 | 289,482 | 471,100 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| D&K Healthcare Resources | ( DKWD | Quote | Chart | News | PowerRating) |
19 | 27.42 | 240,202 | 224,617 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Overture Services | ( OVER | Quote | Chart | News | PowerRating) |
93 | 23.00 | 1,485,401 | 1,844,395 |
| United Surgical Partners | ( USPI | Quote | Chart | News | PowerRating) |
87 | 29.99 | 236,863 | 403,600 |
| Varian, Inc. | ( VARI | Quote | Chart | News | PowerRating) |
95 | 35.05 | 497,462 | 254,400 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Navistar | ( NAV | Quote | Chart | News | PowerRating) |
15 | 24.00 | 542,736 | 819,300 |
| TransOcean Sedco | ( RIG | Quote | Chart | News | PowerRating) |
19 | 25.99 | 3,165,245 | 3,438,600 |
| Shaw Group | ( SGR | Quote | Chart | News | PowerRating) |
1 | 16.22 | 906,657 | 914,900 |
Best of luck with your trading. Please use
protective stops on trades.