Number of RSI7 < 30

Total Stocks: 29
GS ($136.66, -2.0%, rsi7d:15.25) , SNDK ($34.26, +0.2%, rsi7d:15.91) , RIMM ($45.59, -0.9%, rsi7d:19.52) , INFY ($57.32, -1.2%, rsi7d:20.54) , INTC ($17.96, -2.2%, rsi7d:20.65) , NOK ($8.56, -1.2%, rsi7d:21.79) , CSCO ($20.32, -2.4%, rsi7d:21.88) , WFC ($23.25, -3.1%, rsi7d:23.05) , TOT ($46.26, -2.6%, rsi7d:25.03) , AMAT ($10.47, -2.0%, rsi7d:25.25) , ORCL ($22.02, -2.2%, rsi7d:25.29) , JNJ ($57.30, -0.5%, rsi7d:25.66) , PBR ($32.81, -2.9%, rsi7d:25.74) , DEO ($65.31, -1.2%, rsi7d:25.98) , GE ($14.52, -1.3%, rsi7d:26.51) , WFMI ($34.69, -2.8%, rsi7d:26.80) , MBT ($20.66, -1.2%, rsi7d:26.87) , OXPS ($14.33, -3.1%, rsi7d:27.32) , DB ($62.52, -2.5%, rsi7d:27.67) , MFC ($11.25, -1.6%, rsi7d:28.10) , YHOO ($13.18, -1.9%, rsi7d:28.13) , USB ($20.71, -4.4%, rsi7d:28.17) , BBY ($31.46, -1.3%, rsi7d:28.23) , WAG ($27.19, -0.5%, rsi7d:28.42) , UTX ($65.39, -1.8%, rsi7d:28.57) , BC ($12.98, -2.9%, rsi7d:29.65) , TM ($68.25, -1.6%, rsi7d:29.68) , JCP ($19.50, -3.4%, rsi7d:29.76) , TS ($33.55, -2.3%, rsi7d:29.99)

• Intel to Buy Infineon Wireless Unit for $1.4 Billion (at New York Times)
  (Mon, 30 Aug 2010 21:24:25 GMT)
  The deal would give Intel a foothold in the smartphone chip market, a segment of the wireless business that is experiencing strong growth.
• Dow On Cusp Of Breaking 10,000 (at CNBC)
  (Mon, 30 Aug 2010 21:23:51 GMT)
• ‘Takers’ grabs top box-office spot from ‘Exorcism’ (AP)
  (Mon, 30 Aug 2010 21:22:32 GMT)
  The heist thriller “Takers” has stolen the No. 1 spot at the weekend box office away from the fright flick “The Last Exorcism.”
• [$$] 3M to Bid $943 Million for Cogent (at The Wall Street Journal)
  (Mon, 30 Aug 2010 21:16:45 GMT)
  3M to Acquire Cogent 3M agreed to acquire Cogent in a $943 million deal that would expand 3M’s offerings in high-security identification systems.
• Dodd-Frank act presents companies with a PR minefield (at Financial Times)
  (Mon, 30 Aug 2010 21:05:11 GMT)
  Is a chief executive’s job 19 times more valuable than that of the US president and hundreds of times more valuable than the average worker in his or her company?

Number of RSI7 > 70

Total Stocks: 4
SLW ($22.86, +0.3%, rsi7d:82.36) , BVN ($40.55, +0.2%, rsi7d:80.81) , POT ($146.64, -0.7%, rsi7d:72.31) , ABX ($46.34, -0.3%, rsi7d:72.06)

• [$$] 3M to Bid $943 Million for Cogent (at The Wall Street Journal)
  (Mon, 30 Aug 2010 21:16:45 GMT)
  3M to Acquire Cogent 3M agreed to acquire Cogent in a $943 million deal that would expand 3M’s offerings in high-security identification systems.
• Spot Gold Prices Weaken With Equities (at TheStreet.com)
  (Mon, 30 Aug 2010 20:55:44 GMT)
• 3 Stocks Breaking Out (at Motley Fool)
  (Mon, 30 Aug 2010 18:48:30 GMT)
• Breakout Stocks: Eldorado Gold, Riverbed Tech (at TheStreet.com)
  (Mon, 30 Aug 2010 18:45:02 GMT)
• A Big Upgrade for Hecla Mining (at Motley Fool)
  (Mon, 30 Aug 2010 18:39:18 GMT)

Gainers Top 5

DELL ($12.02, +1.1%, rsi7d:47.57) , KB ($41.07, +0.9%, rsi7d:54.75) , RY ($48.21, +0.7%, rsi7d:44.99) , SLW ($22.86, +0.3%, rsi7d:82.36) , SNDK ($34.26, +0.2%, rsi7d:15.91)

• [$$] Merger-Arbitrage ETF Banks on Deal Pickup (at The Wall Street Journal)
  (Mon, 30 Aug 2010 21:21:42 GMT)
• Why H-P Buyback Is Bad News For The Economy (at The Wall Street Journal)
  (Mon, 30 Aug 2010 21:14:13 GMT)
• HP to pay $55 million to settle kickback probe (Reuters)
  (Mon, 30 Aug 2010 21:11:55 GMT)
  Hewlett-Packard Co has agreed to pay $55 million to settle kickback allegations related to federal government contracts, the U.S. Justice Department said on Monday.
• UPDATE – HP to pay $55 million to settle US kickback probe (at Reuters)
  (Mon, 30 Aug 2010 21:09:38 GMT)
• HP authorizes $10B share buyback (AP)
  (Mon, 30 Aug 2010 21:04:43 GMT)
  Hewlett-Packard Co. said Monday its board has authorized the repurchase of $10 billion in shares. The announcement comes as the personal computer maker is involved in a bidding contest with rival Dell Inc. for the data storage company 3Par Inc.

Losers Top 5

USB ($20.71, -4.4%, rsi7d:28.17) , TTM ($21.17, -4.1%, rsi7d:43.35) , JCP ($19.50, -3.4%, rsi7d:29.76) , WFC ($23.25, -3.1%, rsi7d:23.05) , OXPS ($14.33, -3.1%, rsi7d:27.32)

• Lehman ex-chief Fuld to testify (at Fortune)
  (Mon, 30 Aug 2010 20:51:00 GMT)
  Two years after he ran Lehman Brothers into the ground, Dick Fuld is about to get another chance to explain himself. Fuld, who led Lehman for 15 years until it collapsed in September 2008, will appear Wednesday before the Financial Crisis Inquiry Commission, the congressionally appointed panel that’s writing the definitive account of the financial [...]
• UPDATE – Crisis panel to hear from Bernanke, Lehman’s Fuld (at Reuters)
  (Mon, 30 Aug 2010 20:37:20 GMT)
• Runaway Central Banker? Rumors China Suffers Massive Treasury Losses (at Barron’s Online)
  (Mon, 30 Aug 2010 20:24:12 GMT)
• [video] Today’s Big Gainers: ADAM, CRNT, GBE (at Forbes.com)
  (Mon, 30 Aug 2010 20:20:01 GMT)
• Rochdale’s Bove Lauds Mayo, Defends Citi (Updated) (at Barron’s Online)
  (Mon, 30 Aug 2010 19:43:48 GMT)

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