Wednesday’s Top Names
The broader markets ended the session
mixed as we go into Wednesday’s trading session with a slightly
downward bias as
indicated by the CVR 6 sell signal on our market
bias page. The Dow was down on earnings woes, while the Nasdaq edged higher for the session.
Hottest Sectors: Interactive Week
Internet
(
$IIX.X |
Quote |
Chart |
News |
PowerRating) and Retail
(
$RLX.X |
Quote |
Chart |
News |
PowerRating).
Weakest Sectors: Oil Services
(
$OSX.X |
Quote |
Chart |
News |
PowerRating) and
Forest and Paper
(
$FPP.X |
Quote |
Chart |
News |
PowerRating).
Monday’s stocks to
watch:
3 Month RS of 80 and higher and close in top
part of
range
|
Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Accenture Ltd |
( ACN | Quote | Chart | News | PowerRating) |
95 | 27.28 | 1,457,636 | 1,746,900 |
| AnnTaylor Stores | ( ANN | Quote | Chart | News | PowerRating) |
92 | 35.69 | 680,454 | 1,314,700 |
| Broadcom | ( BRCM | Quote | Chart | News | PowerRating) |
96 | 49.24 | 14,916,681 | 16,099,100 |
| McAfee Com Corp | ( MCAF | Quote | Chart | News | PowerRating) |
96 | 40.40 | 565,681 | 718,600 |
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 |
| Shell Transportation | ( SC | Quote | Chart | News | PowerRating) |
9 | 40.25 | 490,000 | 725,900 |
| Shire Pharmaceutical | ( SHPGY | Quote | Chart | News | PowerRating) |
2 | 34.76 | 906,636 | 285,600 |
| Airgate PCS |
( PCSA | Quote | Chart | News | PowerRating) |
2 | 34.33 | 486,045 | 2,437,600 |
| Arthur J. Gallagher Co. | ( AJG | Quote | Chart | News | PowerRating) |
4 | 31.21 | 451,136 | 773,100 |
3 Month RS of 80
and higher with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Affymetrix, Inc. | ( AFFX | Quote | Chart | News | PowerRating) |
97 | 38.04 | 1,606,000 | 1,378,500 |
| Brocade Communications | ( BRCD | Quote | Chart | News | PowerRating) |
94 | 39.27 | 17,417,590 | 13,175,200 |
| Elantec Semiconductor | ( ELNT | Quote | Chart | News | PowerRating) |
93 | 43.90 | 518,636 | 533,000 |
| Photronics Inc | ( PLAB | Quote | Chart | News | PowerRating) |
92 | 33.63 | 664,636 | 669,100 |
3 Month RS of 20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| AOL Time Warner | ( AOL | Quote | Chart | News | PowerRating) |
8 | 32.00 | 19,518,500 | 23,632,700 |
| Barr Laboratories | ( BRL | Quote | Chart | News | PowerRating) |
11 | 78.10 | N/A | 480,600 |
| Charter One Financial | ( CF | Quote | Chart | News | PowerRating) |
14 | 27.10 | 728,727 | 446,800 |
| FLIR Systems | ( FLIR | Quote | Chart | News | PowerRating) |
12 | 42.69 | 372,090 | 272,900 |
Stocks in Slim Jims
High RS at
or near high
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Internet Security Systems |
( ISSX | Quote | Chart | News | PowerRating) |
98 | 34.65 | 2,366,954 | 751,800 |
| Qlogic Corp | ( QLGC | Quote | Chart | News | PowerRating) |
95 | 54.65 | 23,134,272 | 9,864,200 |
| Siebel System | ( SEBL | Quote | Chart | News | PowerRating) |
96 | 33.30 | 17,461,454 | 16,350,600 |
Low RS at
or near low
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Cardinal Health |
( CAH | Quote | Chart | News | PowerRating) |
4 | 62.33 | 2,354,863 | 2,355,900 |
| Human Genome Sciences | ( HGSI | Quote | Chart | News | PowerRating) |
12 | 30.38 | 2,738,090 | 3,087,500 |
| Arthur J. Gallagher | ( AJG | Quote | Chart | News | PowerRating) |
4 | 31.21 | 451,136 | 690,000 |
Best of luck with your trading
Wednesday. Please use
protective stops on trades.