Wednesday’s Top Names
The four CVR buy signals
followed through Tuesday. The Nasdaq
Composite
(
$COMPX |
Quote |
Chart |
News |
PowerRating) also rallied above a slanted triple top on its daily
chart. Look for the momentum to spill over into tomorrow, but be ready in the
event we get more of this one day up, one day down action.
Hottest Sectors: Telecommunications
(
$XTC.X |
Quote |
Chart |
News |
PowerRating)
and Semiconductors
(
$SOX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Gold and Silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating)
and Drugs
(
$DRG.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 |
| Accredo Health | ( ACDO | Quote | Chart | News | PowerRating) |
90 | 61.24 | 724,126 | 646,800 |
| Cymer | ( CYMI | Quote | Chart | News | PowerRating) |
96 | 52.62 | 1,299,938 | 2,459,900 |
| JDA Software |
( JDAS | Quote | Chart | News | PowerRating) |
95 | 34.94 | 660,500 |
1,104,600 |
| Polymedica | ( PLMD | Quote | Chart | News | PowerRating) |
99 | 41.89 | 303,251 | 398,500 |
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 |
| Biogen | ( BGEN | Quote | Chart | News | PowerRating) |
7 | 45.14 | 3,737,766 | 4,160,900 |
| Cephalon | ( CEPH | Quote | Chart | News | PowerRating) |
11 | 62.19 | 2,360,158 | 1,301,900 |
International Game Technology |
( IGT | Quote | Chart | News | PowerRating) |
18 | 55.85 | 1,206,032 |
1,788,700 |
| Cell Therapeutics | ( CTIC | Quote | Chart | News | PowerRating) |
12 | 18.50 | 457,094 | 1,937,000 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cymer | ( CYMI | Quote | Chart | News | PowerRating) |
96 | 52.62 | 1,299,938 | 2,459,900 |
| Coca-Cola | ( KO | Quote | Chart | News | PowerRating) |
83 | 53.88 | 7,065,238 | 9,385,800 |
| Telefonos de Mexico | ( TMX | Quote | Chart | News | PowerRating) |
87 | 39.91 | 1,695,504 | 1,467,600 |
| SuperValue | ( SVU | Quote | Chart | News | PowerRating) |
87 | 29.08 | 696,714 | 1,126,600 |
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 |
| Biogen | ( BGEN | Quote | Chart | News | PowerRating) |
7 | 45.14 | 3,737,766 | 4,160,900 |
| Check Point Software | ( CHKP | Quote | Chart | News | PowerRating) |
1 | 21.43 | 9,585,438 | 6,064,200 |
| Genentech | ( DNA | Quote | Chart | News | PowerRating) |
6 | 46.55 | 1,237,785 | 1,577,900 |
| Delta Airlines | ( DAL | Quote | Chart | News | PowerRating) |
12 | 29.63 | 1,648,790 | 1,277,400 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cummins Engine | ( CUM | Quote | Chart | News | PowerRating) |
86 | 49.83 | 480,017 | 544,800 |
| Coca-Cola | ( KO | Quote | Chart | News | PowerRating) |
83 | 53.88 | 7,065,238 | 9,385,800 |
| Patterson-UTI Energy | ( PTEN | Quote | Chart | News | PowerRating) |
81 | 30.64 | 1,300,940 | 1,890,300 |
Â
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
International Game Technology |
( IGT | Quote | Chart | News | PowerRating) |
18 | 55.85 | 1,206,032 |
1,788,700 |
| King Pharmaceuticals | ( KG | Quote | Chart | News | PowerRating) |
14 | 32.85 | 2,067,971 | 1,883,100 |
Â
Best of luck with your trading Wednesday. Please use
protective stops on trades.