Wednesday, February 23, 2011

Krispy Kreme Doughnuts -- KKD -- Sell signlas

Today I deleted Krispy Kreme Doughnuts (KKD) from the Barchart Van Meerten Speculative portfolio for negative price trends.


Krispy Kreme Doughnuts Inc. is a leading branded specialty retailer of premium quality doughnuts which are made throughout the day in our stores. The principal business is the high volume production and sale of varieties of premium quality doughnuts, including our signature Hot Original Glazed. The company has established Krispy Kreme as a leading consumer brand with a loyal customer base through our longstanding commitment to quality and consistency.

Technical Factors:

  • 100% Barchart short term sell signal
  • Trend Spotter (tm) sell signal
  • Trading below its 20, 50 and 100 day moving averages
  • 23.10% off its recent high
  • Relative strength Index 34.15% and falling
Jim Van Meerten is a portfolio advisor to Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com  in his daily blog -- Barchart Portfolio Blogs.

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