Barchart Van Meerten Speculative Portfolio Changes

This past week I made some deletions to the Speculative Portfolio.  These were not all out sells to dump stocks.  I watch to see if the stock is trading below its 20, 50 and 100 day moving averages and if it has dropped 10% off its recent high.  Another indicator is the 50-100 Day MACD Oscillator.

I watch and evaluate each stock on an individual basis.  I come back in when I think market conditions are right for upside potential.  Usually that is when at least 50% of all the stocks in the Barchar database are trading above their 20 and 50 day moving averages.

As I am writing this article only 15.45% are above their 20 DMA and only 12.44% are above their 50 DMA.

I own:

• FSRL First Reliance Bank
• FNRN First Northern Comm Bank
• STBMY St Babara

I sold:

• ABCD Cambian Learning
• AXTI AXT
• BOCH Bank of Commerce
• CACD Cascade Bancorp
• CNTY Century Casinos
• EVSNF Eglit Vision Systems
• GROC Gradac Favo AD Kladovo
• IFAN IFAN Financial
• JE Just Energy
• MPUFC Monte Porcupine Mining
• ONVC OnLine Vacations
• PGNT Paragon Tech
• PRMO Primo Water
• SCMR Sycamore Networks
• SGSVF Sabina G&S