Today's 5 Best Mid Caps

There seems to be a disconnect between the direction of the economy and the direction of the stock market.   Now I realize that the Conference Boards Leading Economic Indictor include the stock market as one of its components but it is just on of many factors.  The Conference Boards December Economic Indicator Report has the Leading Economic Indicators (LEI) declining slightly by .2% and the Coincedent Economic Indicators (CEI) still rising by .1%.

As I write this article the 10,000+ stocks in the Barchart data base tell a different story.  Less than 50% are trading above their Daily Moving Averages:

• 28.27% - 20 DMA
• 16.42% - 50 DMA
• 18.93% - 100 DMA

In my personal portfolios, I'm conservative and on the side lines till I see the market trading above its Daily Moving Averages

Today's list contains those few stocks trading above their DMA's.  This morning I used Barchart to sort the S&P 400 Mid Cap Stock Index stocks to see which ones had the best technical buy signals and charts.  Today's list includes National Retail Properties (NNN), Atmos Energy (ATO), Aqua Water (WTR), Waste Connections (WCN) and Teleflex (TFX).

National Retail Properties (NNN)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 6.68% in the last month
• Relative Strength Index 64.99%
• Technical support level at 41.42
• Recently traded at 42.10 with a 50 day moving average of 39.14

Atmos Energy (ATO)

Barchart technical indicators:

• 100% Technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 4.04% in the last month
• Relative Strength Index 65.45%
• Technical support level at 63.08
• Recently traded at 65.71 with a 50 day moving average if 62.56

Aqua Water (WTR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 an d100 day moving averages
• 2 new highs and up 1.68% in the last month
• Relative Strength Index 59.62%
• Technical support level at 29.47
• Recently traded at 30.31 with a 50 day moving average of 29.44

Waste Connections (WCN)

Barchart technical indicators:

• 96% techncial buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 6.21% in the last month
• Relative Strength Index 6.57%
• Technical support level at 57.53
• Recently traded at 59.80 with a 50 day moving average of 55.19

Teleflex (TFX)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 3.31% in the last month
• Relative Strength Index 64.88%
• Technical supprot level at