Today's 5 Best Large Caps

As I write this post the market appears to be bottoming out.  I am not saying recovery but I do see a bottom.  Right now a slim majority of the 10,000+ stocks in the Barchart data base are trading above their 20 day moving averages.  They are:

• 51.31% above their 20 DMA
• 23.82% above their 50 DMA
• 23.65% above their 100 DMA

The market cap Russell 3000 Index is also trading off its bottom as this chart of the DMAs and 14 day turtle channel shows:

Today I used Barchart to sort the SP 500 Large Cap Index stocks and these 5 all had 100% technical buy signals:

XCEL Energy (XEL)

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 7.27% in the last month
• Relative Strength Index 68.79%
• Technical support level at 37.23
• Recently traded at 38.44 with a 50 day moving average of 36.03

Wisconsin Energy (WEC)

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 10.04% in the last month
• Relative Strength Index 71.22%
• Technical support level 54.49
• Recently traded at 56.30 with a 50 day moving average of 51.31

Verizon Communications (VZ)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 10.23% in the last month
• Relative Strength Index 75.82%
• Technical support level at 48.96
• Recently traded at 50.91 with a 50 day moving average of 46.01

AT&T (T)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 5.75% in the last month
• Relative Strength Index 69.55%
• Technical support level at 35.55
• Recently traded at 36.35 with a 50 day moving average of 34.19

Constellation Brands (STZ)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 3 new highs and up 8.76% in the last month
• Relative Strength Index 67.31%
• Technical support level at 150.55
• Recently traded at 154.34 with a 50 day moving average of 143.47