Monday, November 2, 2015

The 4 Best NASDAQ 100 Stocks

If you're not already saving time using screeners to find stocks with the attributes you like you should spend some time learning how to use them.  Years ago from an article in Forbes called Best of the Web I discovered the tools on Barchart and I've been using them ever since.

Today I used Barchart to sort the NASDAQ 100 Index stocks first for a Weighted Alpha of 50.00+ or more then for technical buy signals of 80% or better and again for a 50-100 Day MACD Oscillator buy signal.  That narrowed the 109 stocks in the Index ( Please don't ask why there are 109 stocks in the NASDAQ 100 index - because I don't know) down to  just 4.  I then used the Flipchart feature to review the charts.

Today's list includes O'Reilly (ORLY), Amazon.Com (AMZN), Starbucks (SBUX) and Nvidia (NVDA).

O'Reilly (ORLY)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • 55.30+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 9.20% in the last month
  • Relative Strength Index 72.71%
  • Barchart computes a technical support level at 272.49
  • Recently traded at 275.29 with a 50 day moving average of 249.55
Amazon.Com (AMZN)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • 115.70+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 17.97% in the last month
  • Relative Strength Index 75.90%
  • Barchart computes a technical support level at 621.86
  • Recently traded at 628.23 with a 50 day moving average of 540.33
Starbucks (SBUX)


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • 59.40+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • Relative Strength Index 61.58%
  • Barchart computes a technical support leve at 61.20
  • Recently traded at 62.40 with a 50 day moving average of 57.95
Nvidia (NVDA)


Barchart technical indicators:
  • 80% Barchart technical buy signals
  • 59.20+ Weighted Alpha
  • Trend Spotter buy signal
  • Above its 2, 50 and 100 day moving averages
  • 11 new highs and up 15.71% in the last month
  • Relative Strength Index 69.10%
  • Barchart computes a technical support level at 27.44
  • Recently traded at 28.64 with a 50 day moving average of 24.72










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