Wednesday’s Top Names

The trend day higher Tuesday
has us looking at many nice longs this evening.

With the strong close, we should see some
momentum spillover on the open Wednesday. We will then see if it will stick, or
rollover.

Hottest Sectors: Banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating)
and
Computer Technology
(
$XCI.X |
Quote |
Chart |
News |
PowerRating)
.

Weakest Sectors: Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
.

Wednesday’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

Advanced Neuromodulation Systems
(
ANIS |
Quote |
Chart |
News |
PowerRating)
93 35.90 205,225 292,300
Career Education Corp.
(
CECO |
Quote |
Chart |
News |
PowerRating)
92 51.05 689,598 1,192,600

Entercom Communications

(
ETM |
Quote |
Chart |
News |
PowerRating)
91 49.25
422,089

576,500
Everest RE Group
(
RE |
Quote |
Chart |
News |
PowerRating)
86 57.40 558,668 594,400

 

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

AMN Healthcare
(
AHS |
Quote |
Chart |
News |
PowerRating)
8 18.11 459,006 264,800
Christopher & Banks
(
CBK |
Quote |
Chart |
News |
PowerRating)
9 23.89 371,291 965,800

QLogic

(
QLGC |
Quote |
Chart |
News |
PowerRating)
13 25.25
14,115,849

7,848,000
Sonic Automotive
(
SAH |
Quote |
Chart |
News |
PowerRating)
19 16.10 460,888 1,728,100


3 Month RS of 80
and higher with volume surge in last hour


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Aflac
(
AFL |
Quote |
Chart |
News |
PowerRating)
87 32.23 1,934,814 2,494,800
Eli Lilly
(
LLY |
Quote |
Chart |
News |
PowerRating)
80 57.50 4,386,574 3,562,900
Abbott Labs
(
ABT |
Quote |
Chart |
News |
PowerRating)
94 42.00 5,212,331 5,810,900
Sysco Corp.
(
SYY |
Quote |
Chart |
News |
PowerRating)
88 29.49 2,527,371 2,767,100

 

3 Month RS of 20 and lower with volume surge in last hour

None Today

Stocks in Slim Jims

High RS at
or near high


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

Partnerre, Ltd.
(
PRE |
Quote |
Chart |
News |
PowerRating)
89 49.40 409,888 308,500
Sallie Mae
(
SLM |
Quote |
Chart |
News |
PowerRating)
80 97.30 972,646 1,356,600
Teva Pharmaceuticals
(
TEVA |
Quote |
Chart |
News |
PowerRating)
85 68.88 922,509 1,208,764

 

Low RS at
or near low


Company Name


Symbol


Relative Strength



Price


Average Volume



Today’s Volume

BJ’s Wholesale Club
(
BJ |
Quote |
Chart |
News |
PowerRating)
4 18.17 1,209,711 4,320,200
Sonic Automotive
(
SAH |
Quote |
Chart |
News |
PowerRating)
19 16.10 460,888 1,728,100

 

Best of luck with your trading Wednesday. Please use
protective stops on trades.