Portfolio deletions: PAA,CMG,SBUX,ULTA

This morning I deleted 4 stocks from the Barchart Van Meerten New High portfolio for negative price momentum,  They were Plains All American Pipeline (PPA), Chipolte Mexican Grill (CMG), Starbucks (SBUX) and Ulta Salon Cosmetics & Fragrance (ULTA)

Plains All American Pipeline (PAA)

Barchart technical indicators:

• 88% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 9.54% off its 1 year high
• Relative Strength Index 35.90%

Chipolte Mexican Grill (CMG)

Barchart technical indicators:

• 64% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 10.24% off its 1 year high
• Relative Strength Index 43.51%

Starbucks (SBUX)

Barchart technical indicators:

• 24% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 13.06% off its 1 year high
• Relative Strength Index 46.76%

Ulta Salon Cosmetics & Fragrance (ULTA)

Barchart technical indicators:

• 48% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 10.72% off its 1 year high
• Relative Strength Index 42.04%