Wednesday’s Top Names
The major markets traded lower
on the day. No
new bias signals so continue to be nimble and play both sides going with the
path of least resistance.
Hottest Sectors:Â Gold
& Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)Â and
Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors:Â Retail
(
RTH |
Quote |
Chart |
News |
PowerRating)
and Forest and Paper Products
(
$FPP.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 |
| Barrick Gold | ( ABX | Quote | Chart | News | PowerRating) |
89 | 23.31 | 3,082,642 | 3,627,700 |
| Cumulus Media | ( CMLS | Quote | Chart | News | PowerRating) |
96 | 21.49 | 618,875 | 588,500 |
| Gilead Sciences |
( GILD | Quote | Chart | News | PowerRating) |
81 | 37.95 | 2,855,556 | 2,936,000 |
| Newmont Mining |
( NEM | Quote | Chart | News | PowerRating) |
86 | 32.00 | 4,662,715 | 6,670,000 |
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 |
| Abbott Labs | ( ABT | Quote | Chart | News | PowerRating) |
4 | 46.77 | 4,630,549 | 3,055,500 |
| American Int’l Group | ( AIG | Quote | Chart | News | PowerRating) |
18 | 67.05 | 5,901,565 | 3,153,800 |
| Hershey Foods |
( HSY | Quote | Chart | News | PowerRating) |
17 | 66.48 | 562,949 | 216,100 |
| Microsoft |
( MSFT | Quote | Chart | News | PowerRating) |
20 | 52.32 | 30,808,540 | 24,770,200 |
Â
3 Month RS of 80 and
higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Apollo Group | ( APOL | Quote | Chart | News | PowerRating) |
96 | 35.57 | 1,431,010 | 1,483,900 |
| Anglogold | ( AU | Quote | Chart | News | PowerRating) |
96 | 34.29 | 775,463 | 1,431,400 |
| Trimeris | ( TRMS | Quote | Chart | News | PowerRating) |
88 | 49.75 | 531,495 | 244,400 |
| Cymer | ( CYMI | Quote | Chart | News | PowerRating) |
80 | 45.93 | 1,402,812 | 1,182,800 |
Â
3 Month RS of 20 and lower
with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Accredo | ( ACDO | Quote | Chart | News | PowerRating) |
20 | 54.01 | 757,057 | 293,500 |
| Baxter Int’l | ( BAX | Quote | Chart | News | PowerRating) |
14 | 52.29 | 2,744,243 | 2,830,800 |
| Costco | ( COST | Quote | Chart | News | PowerRating) |
9 | 38.46 | 4,988,937 | 5,981,100 |
| Nvidia | ( NVDA | Quote | Chart | News | PowerRating) |
6 | 33.64 | 11,797,635 | 11,376,500 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Amereda Hess | ( AHC | Quote | Chart | News | PowerRating) |
83 | 83.17 | 670,448 | 621,600 |
| Ensco | ( ESV | Quote | Chart | News | PowerRating) |
82 | 33.23 | 1,701,337 | 1,401,800 |
| Freeport McMoran | ( FCX | Quote | Chart | News | PowerRating) |
95 | 20.80 | 1,438,015 | 2,281,500 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Colgate Palmolive |
( CL | Quote | Chart | News | PowerRating) |
18 | 52.22 | 2,056,602 | 2,239,500 |
| Cablevision | ( CVC | Quote | Chart | News | PowerRating) |
1 | 20.32 | 2,190,068 | 1,536,200 |
| Home Depot | ( HD | Quote | Chart | News | PowerRating) |
7 | 41.54 | 7,704,378 | 19,712,900 |
Â
Best of luck with your trading
Wednesday. Please
use protective stops on every trade.