Friday, November 23, 2007

Stocks with the highest relative strength: wk 11/19/07

Despite this very weak market in November there are some stock that have value and have outperformed this horrible market. Stocks like this usually have some fundemental reason to defy the general market selling.


Symbol

Price

$ Change

%PRC

PE

Growth

AvgVol

Mkt Cap($M)

Sector

ATRO

48.22

-0.33

-0.68

22

28

48800

389.62

Aerospace & Defense

STP

63.74

+2.29

+3.73

39

40

4373400

9531.04

Energy

AXYS

36.62

-0.38

-1.03

23

16

100600

393.30

Aerospace & Defense

FFH

296.00

0.00

0.00

9

28

75900

5230.32

Insurance

RTSX

31.10

+0.03

+0.10

18

18

318100

736.76

Healthcare

PDGI

39.20

-0.23

-0.58

23

30

286800

740.88

Healthcare

DIT

40.90

-0.84

-2.01

5

21

5400

21.68

Retail

BOBJ

61.34

+0.32

+0.52

26

28

1311100

5792.95

Software

MTL

74.08

-3.02

-3.92

10

31

869500

10279.34

Steel

CLR

22.06

+0.02

+0.09

15

17

468300

3707.18

Petroleum


Please note that the subject matter provided on all of the posts on this site is for information purposes only and should not be construed as a recommendation to buy or sell stocks or funds by the author. Investors who do so should do their own due diligence and or consult their financial advisor and are responsible for their own financial decisions.

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About Me: Disclaimer

$BPCOMP

$BPCOMP
Extremely Oversold

Regarding Chart: BPCOMQ

This is the lowest close seen in years, usually a sharp and violent rally follows these moves enhanced by short covering, this is no time to short and start making a shopping list.

Bear-ly Hangin" In dustrials

Bear-ly Hangin" In dustrials
Dow Graph: 11/20/07
The Dow looks like its fighting for its life here at the level. It's no surprise there was a vicious bounce off the trend line as shown in the chart. Unfortunately, the last time we had that five hundred point reversal day was caused by the Fed stepping in, there has to be a similar event that helps the market or there is more pain ahead. The Fed minutes said nothing the market really liked, we sold off hard and bounced back hard as we hit support. This was just a reflex rally we may have to get one more really painful selloff to get around 12500.