Wednesday’s Top Names
All the Major indexes closed
near the Highs. No CVR signals setting up for Wednesday.
We are starting to look a little extended to
the long side so tightening stops on longs would be wise to lock in profits.
Hottest Sectors: Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating)
and Software
(
$GSO.X |
Quote |
Chart |
News |
PowerRating)
Weakest Sectors: Gold & Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Oil Service
(
$OSX.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 |
| Agco | ( AG | Quote | Chart | News | PowerRating) |
87 | 22.43 | 899,878 | 928,400 |
| Brunswick | ( BC | Quote | Chart | News | PowerRating) |
85 | 28.75 | 595,825 | 382,700 |
| Corinthian Colleges |
( COCO | Quote | Chart | News | PowerRating) |
85 | 57.13 | 316,722 | 213,000 |
Coach |
( COH | Quote | Chart | News | PowerRating) |
84 |
58.10 |
354,948 |
455,300 |
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 |
| ACE Ltd. | ( ACE | Quote | Chart | News | PowerRating) |
8 | 34.50 | 2,292,508 | 3,123,900 |
| Bausch & Lomb | ( BOL | Quote | Chart | News | PowerRating) |
15 | 34.96 | 542,006 | 506,300 |
| Integra LifeSciences |
( IART | Quote | Chart | News | PowerRating) |
8 | 20.25 | 318,618 | 344,100 |
Unumprovident |
( UNM | Quote | Chart | News | PowerRating) |
16 |
25.65 |
809,883 |
1,630,400 |
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 |
| Isle of Capri | ( ISLE | Quote | Chart | News | PowerRating) |
92 | 29.64 | 3,821,026 | 20,424,600 |
| MacroMedia | ( MACR | Quote | Chart | News | PowerRating) |
90 | 23.52 | 846,690 | 1,495,400 |
| Dillard’s | ( DDS | Quote | Chart | News | PowerRating) |
97 | 26.16 | 528,690 | 1,045,800 |
| Hollywood Ent. | ( HLYW | Quote | Chart | News | PowerRating) |
96 | 20.69 | 889,595 | 466,100 |
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 |
| Bank of NY | ( BK | Quote | Chart | News | PowerRating) |
18 | 35.58 | 2,842,977 | 3,361,900 |
| Atlantic Coast Airlines | ( ACAI | Quote | Chart | News | PowerRating) |
11 | 22.23 | 666,700 | 482,500 |
| Cox Comm. | ( COX | Quote | Chart | News | PowerRating) |
19 | 34.89 | 1,239,404 | 664,300 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| American Standard | ( ASD | Quote | Chart | News | PowerRating) |
83 | 77.55 | 626,429 | 832,000 |
| Cooper Cameron | ( CAM | Quote | Chart | News | PowerRating) |
93 | 59.30 | 889,782 | 1,263,300 |
| Standard Pacific | ( SPF | Quote | Chart | News | PowerRating) |
86 | 34.05 | 345,548 | 295,800 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
E D O Co. |
( EDO | Quote | Chart | News | PowerRating) |
20 |
28.34 |
379,635 |
166,500 |
| Reliant Energy | ( REI | Quote | Chart | News | PowerRating) |
17 | 15.87 | 1,228,432 | 14,545,600 |
| Sunoco | ( SUN | Quote | Chart | News | PowerRating) |
17 | 36.00 | 666,897 | 482,200 |
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Best of luck with your trading Wednesday. Please
use protective stops on every trade.