STAFFING/OUTSOURCING SVCS Stocks Expected To Be Up After Top Correlated Stocks Fire Buy Signals.
March 2, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring the top most highly correlated STAFFING/OUTSOURCING SVCS stocks and the majority have fired a Buy signal as of today. ROBERT HALF INTL INC (NYSE:RHI), KORN/FERRY INTERNATIONAL (NYSE:KFY), KFORCE INC (NASDAQ:KFRC), MANPOWER INC (NYSE:MAN), DICE HOLDINGS INC (NYSE:DHX), TRUEBLUE INC (NYSE:TBI) are all expected to be Up as the top stocks in the sector have fired Buy signals. Group rotation is a phenomenon where institutions exert buying or selling pressure in an industry group, pushing prices of the group higher or higher relative to the general market. An industry can often lead or lag the market, and the most highly correlated stocks (mirror closest to the overall move in that group) usually move in unison. The technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The chart below displays the correlation, beta and relative strength of the top most highly correlated stocks in the highlighted industry group:
Symbol Company Correlation Beta RelStr Sector RHI ROBERT HALF INTL INC 0.91 1.14 1 STAFFING/OUTSOURCING SVCS KFY KORN/FERRY INTERNATIONAL 0.71 1.3 0.96 STAFFING/OUTSOURCING SVCS KFRC KFORCE INC 0.79 1.49 1.01 STAFFING/OUTSOURCING SVCS MAN MANPOWER INC 0.88 1.61 0.97 STAFFING/OUTSOURCING SVCS DHX DICE HOLDINGS INC 0.71 2.25 0.93 STAFFING/OUTSOURCING SVCS TBI TRUEBLUE INC 0.69 1.97 0.97 STAFFING/OUTSOURCING SVCSWe automatically calculate correlation to help find the stocks that most closely match their groups movement and generate powerful group consensus trading signals to profit from the herd mentality. When multiple stocks in a group turn at the same time and the rotation of that group is confirmed, an explosive move typically occurs. Correlation measures the tendency for a symbol to move in unison with the group, beta measures the amount the symbol is expected to move relative to the group and relative strength looks back at the recent past to show how the stock has been moving relative to the group.
ROBERT HALF INTL INC (NYSE:RHI) - Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. Its Accountemps division provides temporary staffing of accounting, tax, and finance personnel. The companys OfficeTeam division places temporary and full-time office and administrative personnel, ranging from word processors to office managers; Robert Half Finance & Accounting division specializes in the placement of full-time accounting, financial, tax, and banking personnel; and Robert Half Technology division provides information technology contract consultants and places full-time employees in areas ranging from multiple platform systems integration to end-user support, including specialists in programming, networking, systems integration, database design, and help desk support. Its Robert Half Legal division places temporary and full-time employees in attorney, paralegal, legal administrative, and legal secretarial positions; and Robert Half Management Resources division specializes in providing senior level project professionals in the accounting and finance fields, including chief financial officers, controllers, and senior financial analysts for tasks in financial systems conversions, expansion into new markets, business process reengineering, and post-merger financial consolidation. The companys Creative Group division serves clients in the areas of advertising, marketing, and Web design and places project consultants in various positions, such as creative directors, graphics designers, Web content developers, Web designers, media buyers, and public relations specialists; and Protiviti division provides experts specializing in risk, advisory, and transactional services. Robert Half International was founded in 1948 and is based in Menlo Park, California.
KORN/FERRY INTERNATIONAL (NYSE:KFY) - Search and recruiting firm Korn/Ferry International focuses on board level, chief executive, and other senior executive positions in the consumer, financial services, industrial, life sciences, and technology industries. The Los Angeles company, which was founded in 1969 by Lester Korn and Richard Ferry, also assists clients with programs to develop their executives, providing such services as coaching and talent management. Clients include both public and private companies, middle-market and emerging growth outfits, and government and not-for-profit organizations.
KFORCE INC (NASDAQ:KFRC) - Kforce Inc., together with its subsidiaries, provides professional and technical specialty staffing services and solutions to the federal government, state and local governments, local and regional companies, and small to mid-sized companies in the United States. It offers flexible staffing services and solutions on temporary and full-time basis, as well as provides search services. The company operates in four segments: Technology, Finance and Accounting, Health and Life Sciences, and Government Solutions. The Technology segment offers systems/applications programmers, systems analysts, enterprise data management, and e-business and networking technicians in the areas of information technologies. The Finance and Accounting segment provides temporary staffing and search placement services to clients in areas, such as taxation, budget preparation and analysis, financial reporting, cost analysis, accounts payable, accounts receivable, professional administrative, credit and collections, general accounting, audit services, systems and controls analysis, and documentation to support compliance work. The Health and Life Sciences segment offers clinical research associates for the pharmaceutical industry; and health care information management professionals and nurses for hospitals and healthcare facilities. The Government Solutions segment provides finance and accounting, and technology professionals to the federal government primarily as a prime contractor. The company was founded in 1994 and is headquartered in Tampa, Florida.
MANPOWER INC (NYSE:MAN) - Manpower Inc. provides employment services primarily in the United States, Canada, England, Germany, the Netherlands, South Africa, and Hong Kong. The company offers permanent, temporary, and contract recruitment services; employee assessment and selection services; training; outplacement; and consulting services. It also provides outsourcing solutions, including task outsourcing, vendor management, onsite HR services, and recruitment process outsourcing; and professional services to public accounting firms and other consulting groups delivering professional services in the areas of risk advisory, tax, technology, and accounting. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
DICE HOLDINGS INC (NYSE:DHX) - Dice Holdings, Inc., through its subsidiaries, provides online recruiting and career development services in the United States and internationally. The company, through its career Web sites, serves as online marketplaces, where employers and recruiters find and recruit prospective employees, and professionals find relevant job opportunities and information. Its career Websites offer job postings, content, career development, and recruiting services to the specific needs of the professional community. The company primarily operates Dice.com for technology and engineering professionals, such as software engineers, systems administrators, database specialists, and project managers, as well as various technology and engineering professionals, and the companies that seek to employ them. It also operates eFinancialCareers.com, a recruiting and career development Website for financial services professionals, including investment banking, asset management, insurance, retail banking, hedge funds, and senior corporate finance professionals; ClearanceJobs.com, an online career Website for professionals with active the U.S. government security clearance; and AllHealthcareJobs.com, a career Website for healthcare professionals, as well as JobsintheMoney.com, a recruiting and career development Website for accounting and finance professionals. In addition, the company operates Targeted Job Fairs, a producer and host of career fairs and open houses focused primarily on technology and security-cleared candidates. Its customers include recruiting agencies, consulting firms, and small, mid-sized, and large direct employers and staffing companies. Dice Holdings, Inc. is headquartered in New York, New York.
TRUEBLUE INC (NYSE:TBI) - Labor Ready Inc. provides temporary employees for manual labor, light industrial, and skilled construction trades. As of Dec. 29, 2006, it had put approximately 600,000 people to work through 912 branches located in the U.S., Canada, Puerto Rico, and Britain. The company serves small and midsize businesses in the construction, warehousing, hospitality, landscaping, transportation, light manufacturing, retail, wholesale, facilities, and sanitation industries. Labor Ready was incorporated in 1985 and is based in Tacoma, Wash.
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