Additions to the Barchart Van Meerten Speculative Portfolio

This week I made some changes to the Barchart Van Meerten Speculative portfolio and updated the results.  I added American Electric Technologies (AETI), Avid Technologies (AVID), Landenburg Thalmann Financial (LTS), Anooraq Resources (ATL), Reeds Inc (REED), Key Energy Resources (KEG), and Iridex Corp (IRIX):

American Electric Technologies (AETI)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 17.90% in the last month
• Relative Strength Index 70.01%
• Barchart computes a technical support level at 8.60
• Recently traded at 9.03 with a 50 day moving average of 7.78

Avid Technology (AVID)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 26.82% in the last month
• Relative Strength Index 75.75%
• Barchart computes a technical support level at 8.01
• Recently traded at 8.36 with a 50 day moving average of 6.79

Landenburg Thalmann Financial (LTS)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 28.02% in the last month
• Relative strength Index 70.02%
• Barchart computes a technical support level at 2.40
• Recently traded at 2.65 with a 50 day moving average of 2.06

Anooraq Resources (ATL)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 27.50% in the last month
• Relative Strength Index 67.03%
• Barchart computes a technical support level at .46
• Recently traded at .51 with a 50 day moving average of .41

Reeds Inc. (REED)

Barchart technical indicators:

• 56% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 27.22% in the last month'
• Relative Strength Index 56.62%
• Barchart computes a technical support level at 6.20
• Recently traded at 6.59 with a 50 day moving average of 5.85

Key Energy Services (KEG)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 12.75% in the last month
• Relative strength Index 56.87%
• Barchart computes a technical support level at 8.09
• Recently traded at 8.41 with a 50 day moving average of 7.72

Iridex Corp (IRIX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 49.34% in the last month
• Relative Strength Index 76.14%
• Barchart computes a technical support level at 8.43
• Recently traded at 8.99 with a 50 day moving average of 6.77

Disclosure:  I own in one or more of my Family accounts AETI and AVID