Number of RSI7 < 30

Total Stocks: 4
JNJ ($57.12, -2.5%, rsi7d:20.69) , COST ($53.61, -2.7%, rsi7d:27.64) , MFC ($13.95, -2.9%, rsi7d:28.56) , YHOO ($13.91, -8.5%, rsi7d:29.16)

• Yahoo, Morgan Stanley, US Airways among big movers (AP)
  (Wed, 21 Jul 2010 21:24:51 Etc/GMT)
  Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE
• New FDA report shows multiple lapses at J&J plant (AP)
  (Wed, 21 Jul 2010 21:12:00 Etc/GMT)
  A dozen recent federal inspections of a Johnson & Johnson factory for heartburn and other nonprescription medicines show a host of violations that could affect the quality and makeup of the drugs.
• [video] Daily Dividend Report: ETN, MS, GLW, ECA, COST (at Forbes.com)
  (Wed, 21 Jul 2010 21:10:00 Etc/GMT)
• Pharmaceutical groups set up generics initiative (at Financial Times)
  (Wed, 21 Jul 2010 21:05:16 Etc/GMT)
  Three of the world’s largest pharmaceutical groups have agreed to offer manufacturers of generic drugs royalty-free rights to all their existing and experimental HIV medicines to sell at low cost in developing countries, in a snub to a United Nations-backed rival “patent pool”.
• Tech Stocks: Bernanke’s comments add to tech-sector woes (at MarketWatch)
  (Wed, 21 Jul 2010 21:03:00 Etc/GMT)
  Apple proves to be a rare gainer among tech stocks, as most of the sector follows Yahoo and Seagate south.

Number of RSI7 > 70

Total Stocks: 4
TGP ($33.30, +1.0%, rsi7d:88.56) , KO ($54.08, +1.6%, rsi7d:78.57) , IBKR ($17.84, +1.4%, rsi7d:71.16) , ERJ ($23.03, -0.2%, rsi7d:70.43)

• Volume, share gains push Coca-Cola profit higher (at MarketWatch)
  (Wed, 21 Jul 2010 21:28:00 Etc/GMT)
  Higher volume and market-share gains help to boost profit at soft-drink giant Coca-Cola.
• Yahoo, Morgan Stanley, US Airways among big movers (AP)
  (Wed, 21 Jul 2010 21:24:51 Etc/GMT)
  Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE
• Bernanke Slams Market With ‘Uncertain’ Economic View (Indie Research)
  (Wed, 21 Jul 2010 20:58:06 Etc/GMT)
• More Americans Sipping Coke Leads to a Strong Quarter (at Seeking Alpha)
  (Wed, 21 Jul 2010 20:50:38 Etc/GMT)
• More American Drinkers Crucial For Coke (at Forbes)
  (Wed, 21 Jul 2010 20:27:28 Etc/GMT)

Gainers Top 5

MBT ($21.38, +4.0%, rsi7d:69.03) , TCK ($33.51, +2.2%, rsi7d:58.42) , SWK ($53.63, +1.9%, rsi7d:61.10) , KO ($54.08, +1.6%, rsi7d:78.57) , GGB ($14.02, +1.5%, rsi7d:60.93)

• Volume, share gains push Coca-Cola profit higher (at MarketWatch)
  (Wed, 21 Jul 2010 21:28:00 Etc/GMT)
  Higher volume and market-share gains help to boost profit at soft-drink giant Coca-Cola.
• Yahoo, Morgan Stanley, US Airways among big movers (AP)
  (Wed, 21 Jul 2010 21:24:51 Etc/GMT)
  Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE
• Bernanke Slams Market With ‘Uncertain’ Economic View (Indie Research)
  (Wed, 21 Jul 2010 20:58:06 Etc/GMT)
• More Americans Sipping Coke Leads to a Strong Quarter (at Seeking Alpha)
  (Wed, 21 Jul 2010 20:50:38 Etc/GMT)
• Stanley Black & Decker, Inc. Q2 2010 Earnings Call Transcript (at Seeking Alpha)
  (Wed, 21 Jul 2010 20:44:13 Etc/GMT)

Losers Top 5

YHOO ($13.91, -8.5%, rsi7d:29.16) , KB ($39.74, -4.0%, rsi7d:40.29) , RIMM ($53.28, -3.6%, rsi7d:47.81) , TOT ($47.48, -3.4%, rsi7d:39.08) , LLTC ($30.36, -3.3%, rsi7d:50.92)

• Yahoo, Morgan Stanley, US Airways among big movers (AP)
  (Wed, 21 Jul 2010 21:24:51 Etc/GMT)
  Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE
• Tech Stocks: Bernanke’s comments add to tech-sector woes (at MarketWatch)
  (Wed, 21 Jul 2010 21:03:00 Etc/GMT)
  Apple proves to be a rare gainer among tech stocks, as most of the sector follows Yahoo and Seagate south.
• Bernanke Slams Market With ‘Uncertain’ Economic View (Indie Research)
  (Wed, 21 Jul 2010 20:58:06 Etc/GMT)
• Traders Bullish on Apple, Yahoo Alike (at The Wall Street Journal)
  (Wed, 21 Jul 2010 20:39:07 Etc/GMT)
  Traders Bullish on Apple, Yahoo Alike Apple’s strong sales impressed investors, while Yahoo’s weaker revenue didn’t. But options traders placed optimistic bets on shares in both companies.
• Wall Street tumbles on Fed chief’s economy view (Reuters)
  (Wed, 21 Jul 2010 20:33:00 Etc/GMT)
  Federal Reserve Chairman Ben Bernanke’s dour assessment of the U.S. recovery hit stocks on Wednesday, as the Fed chief’s comment on “unusually uncertain” economic prospects discouraged investors.

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