I have deleted
Iesi-Bfc Ltd (BIN) from bot the Barchart Van Meerten New High and Barchart Van Meerten Speculative portfolios for downward price momentum and:
- 60% Barchart short term sell signal
- Trend Spotter (tm) sell signal
- Trading below its 20 & 50 daily moving averages
- Lost 5.41% last week
- 14 day Relative Strength Index is 39.05% 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.
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