Cypress Sharpridge Investments - CYS - Deleted

This morning I deleted Cypress Sharpridge Investments (CYS) from the Barchart Van Meerten New High portfolio for negative price trends:

• 40% Barchart technical sell signal
• Trend Spotter (tm) sell signal
• Trading below its 20, 50 and 100 daily moving averages
• Relative Strength Index is only 39.09% and tanking

My major rule is always cut losses as soon as possible.

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

3 stocks for your NASDAQ watch list

Here are 3 NASDAQ stocks that float to the top of my watch list today.  I found them on the Barchart new high lists

Pega Systems (PEGA) -- a leading provider of Customer Relationship Management software that enables transaction-intensive organizations to manage a broad array of customer interactions. Their software enables organizations to deliver high-quality, consistent customer service across today's preferred interaction channels, from the traditional call center environment to Internet self-service. The company's customers represent a wide range of industries, including banking and financial services, insurance, healthcare management, and telecommunications.

• 96% Barchart technical buy signal
• 19 new highs in the last month
• Up 22.41% in the last month
• Relative Strength Index 75.66% and rising
• Trades around 36.50 which is above its 50 day moving average of 29.46

Connecticut Water Systems (CTWS) -- a non-operating holding company whose income comes solely from its subsidiaries. The core business is water service to people throughout towns in Connecticut and Massachusetts.

• 100% Barchart technical buy signal
• 17 new highs in the last month
• Up 10.68% in the last month
• Relative Strength Index 73.79% and rising
• Trades around 27.03 which is above its 50 day moving average of 25.03

Cohu Inc (COHU) -- designs and manufactures electromechanical systems (handlers) that physically put semiconductors in place for testing and interface directly with electronic test equipment (tester) which performs the electrical test of the semiconductor devices. Other products include television cameras, microwave radios and metal detectors for industrial and hobbyist use.

• 96% Barchart technical buy signal
• 16 new highs in the last month
• Up 13.49% in the last month
• Relative Strength Index 69.76% and rising
• Trades around 16.20 which is above its 50 day moving average of 14.36

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

Perrix Therapeutics Holdings -- PTX -- added

This morning I'm adding a highly speculative stock -- Perrix Therapeutics Holdings ( PTX) to the Barchart Van Meerten Speculative portfolio based mainly on price momentum.

Pernix Therapeutics Holdings Inc.,  is a specialty pharmaceutical company focused on developing and commercializing pharmaceutical products to meet medical needs primarily in pediatrics. The Company's product families include Aldex, Pediatex, Z-Cof, Brovex, ReZyst and QuinZyme. Its ALDEX products are indicated for the treatment of allergies and symptoms of the common cold. PEDIATEX TD is for the treatment of respiratory allergies. Z-COF 8DM is for the treatment of allergies and symptoms of the common cold. The BROVEX products are indicated for the treatment of allergies and symptoms of the common cold. REZYST IM is a chewable tablet probiotic indicated to replace active cultures that are destroyed by diet and antibiotics and to reduce symptoms associated with irritable bowel syndrome and various gastrointestinal issues. QUINZYME is a dissolve tablet for patients with depleted ubiquinone levels and for patients on statin therapy. Pernix is based in Magnolia, Texas.

The stock has shown recent positive price momentum and came up on my Barchart screens of stocks hitting the most frequent new highs and having high technical buy signals.  They have a 100% Barchart technical buy signal after hitting 16 new highs in the last month and price appreciation of 19.47%.  The Relative Strength Index is a solid 68.32% and rising.

The stock is not covered by many Wall Street analysts and those that do follow predict a 86.00% increase in sales and a 68.10% increase in earnings per share for the next year.  They also stick their neck out with a 5 year annual EPS growth rate of 43.00%,

If your looking of an undiscovered company with current price momentum and high double digit growth prospects you might want to put Perrix Therapeutics (PTX) on your watch list.

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

PFSWeb -- PFSW - Deleted

This morning I'm deleting PFSWeb Inc (PFSW) from the Barchart Van Meerten Speculative portfolio for negative price trends:

• 100% Barchart short term technical sell signal
• Trading below its 20, 50 and 100 day moving averages
• Lost 12.77% in the last week
• Lost 18.76% in the last month
• Relative Strength Index 33.24% and dropping

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

Evergreen Utilities and High Income Fund - ERH -- deleted

This morning I'm deleting the Evergreen Utilities and High Income Fund (ERH)  from the Barchart Van Meerten New High portfolio for negative price trends:

• 80% Barchart short term technical sell signal
• Lost 3.39% in the last week
• Trading below its 20 and 50 daily moving averages
• Relative Strength Index 35.28% and falling

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

Right Now Technologies -- RNOW -- deleting

Today I'm deleting Right Now Technologies (RNOW) from the Barchart Van Meerten New High portfolio for negative price trends:

• 100% Barchart short term sell signal
• Lost 10.86% in the last month
• Trading below its 20 and 50 day moving averages
• Relative Strength Index 36.87% and dropping

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

3 AMEX stocks for your watch list -- 12/14

Here are 3 AMEX stocks I found on Barchart while screening for those stocks hitting the most frequent new highs:

Golf Trust of America (PTX) -- Pernix Therapeutics Holdings Inc., formerly known as Golf Trust of America, Inc., is a specialty pharmaceutical company focused on developing and commercializing pharmaceutical products to meet medical needs primarily in pediatrics. The Company's product families include Aldex, Pediatex, Z-Cof, Brovex, ReZyst and QuinZyme. Its ALDEX products are indicated for the treatment of allergies and symptoms of the common cold. PEDIATEX TD is for the treatment of respiratory allergies. Z-COF 8DM is for the treatment of allergies and symptoms of the common cold. The BROVEX products are indicated for the treatment of allergies and symptoms of the common cold. REZYST IM is a chewable tablet probiotic indicated to replace active cultures that are destroyed by diet and antibiotics and to reduce symptoms associated with irritable bowel syndrome and various gastrointestinal issues. QUINZYME is a dissolve tablet for patients with depleted ubiquinone levels and for patients on statin therapy. Pernix is based in Magnolia, Texas.

• 100% Barchart technical buy signal
• 16 new highs in the last month
• Up 21.33% in the last month
• Relative Strength Index 69.68% and rising

Gormann-Rupp Co (GRC) --The Gorman-Rupp Company designs, manufactures and sells pumps and related equipment (pump and motor controls) for use in water, wastewater, construction, industrial, petroleum, original equipment, agricultural, fire protection, military and other liquid-handling applications. 

• 100% Barchart technical buy signal
• 14 new highs in the last month
• Up 20.66% in the last month
• Relative Strength Index 76.06% and rising

Emergent Group (LZR) -- through its wholly owned subsidiary, PRI Medical Technologies, Inc., provides mobile medical laser and surgical equipment in sixteen states on a per-procedure basis to hospitals, outpatient surgery centers and physicians' offices. Surgical equipment is provided to customers along with technical support personnel to ensure that such equipment is operating correctly. PRI Medical currently offers its services in five states in the western United States and 11 states along the eastern seaboard.

• 88% Barchart technical buy signal
• 12 new highs in the last month
• Up 62.79% in the last month
• Relative Strength Index 90.38% and rising

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

Mom please send money by Western Union

How many of you when in college or in the service ran into a temporary cash flow problem and placed the call:  "Mom can you please send me a few bucks by Western Union to tide me over?"

The Western Union Company (WU) is a leading provider of global money-transfer services. Together with its affiliates, Orlandi Valuta and Vigo, Western Union provides consumers with fast, reliable and convenient ways to send and receive money around the world, as well as send payments and purchase money orders.

They now have over 410,000 locations in over 200 countries.  I know in my local area some of the customer services desks at the grocery stores are WU locations.  Transaction fees account for 79% of their revenues and consumer to consumer transactions are up over 10%

I noticed this stock on my Barchart screening of S&P 500 companies experiencing recent upward price momentum.  The stocks enjoys a 96% Barchart technical buy signal with the price up 12.67% for the quarter, 3.87% for the month and 2.48% for the last week.  The Relative Strength Index is 52.58% and rising.  The stock trades around $18.72 well above its 50 day moving average of $18.10.

Wall Street brokerage analysts love this stock with 18 buy and 9 hold reports published for their brokers to push to clients.  Although the analysts only look for a 1.60% increase in sales this year and a 4.10% increase next year they have good earnings estimates of an EPS increase of 7.80% this year, 7.90% next year and a 12.46% annual increase for at least the next 5 years.

The general investing public overwhelmingly favors this stock with the CAPS members on Motley Fool voting 1,500 to 44 that the stock will beat the market.  The more experienced All Stars also vote 484 to 6 for the same result.

Of the Wall Street columnists Fool follows all of the last 16 articles have been positive.

If your portfolio needs an S&P 500 core positions consider Western Union (WU) :

• 96% Barchart technical buy signal
• Relative Strength Index 62.58%  and rising
• Wall Street brokerages releasing positive reports based on 5 year EPS growth of double digits
• Wide and positive general investor sentiment
• Financial columnists writing positive articles

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

3 NYSE stocks -- 12/13

Here are 3 NYSE stocks you might want to add to your watch list.  They were found on the Barchart most new highs list.

Biglari Holdings (BH) -- formerly known as The Steak n Shake Company, is engaged primarily in the ownership, operation, and franchising of restaurants in the United States. Steak n Shake Operations, Inc. (Steak n Shake) is a wholly-owned subsidiary of the Company. Steak n Shake is an American brand serving burgers and milk shakes. It offers its patrons full-service dining with counter and dining room seating, as well as drive-thru and carry-out service. Biglari Holdings is based in San Antonio, Texas.

• 100% Barchart technical buy signal
• 15 new highs in the last month
• Up 21.46% in the last month
• Relative Strength Index 76.74%

Robbins & Myers (RBN) -- is engaged in the design, manufacture, and marketing of fluids management equipment, primarily progressing cavity pumps, chemical reactor and storage vessels, agitators and mixers, and fluoropolymer corrosion-resistant coatings.

• 96% Barchart technical buy signal
• 15 new highs in the last month
• Up 19.22% in the last month
• Relative Strength Index 82.39% and rising

International Coal Group (ICO) -- is a leading producer of coal in Northern and Central Appalachia and the Illinois Basin. The company has eleven active mining complexes, of which ten are located in Northern and Central Appalachia and one in Central Illinois. ICO's mining operations and reserves are strategically located to serve utility, metallurgical and industrial customers throughout the Eastern United States.

• 96% Barchart technical buy signal
• 15 new highs in the last month
• Up 39.22% in the last month
• Relative Strength Index 78.40% and rising

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

Sappi Ltd -- SPP - deleted

I deleted Sappi Ltd (SPP) from the Barchart Van Meerten Speculative portfolio for negative price trends.

• 40% Barchart short term technical sell signal
• Trading below its 20 and 50 day moving average
• Lost 5.10% in the last week
• Lost 8.73% in the last month
• Relative Strength Index 41.08% and dropping

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.