Tuesday, January 10, 2017

5 Large Caps for Momentum Investors

This morning I wanted to find 5 Large Cap stocks with consistent upside momentum.  I used Barchart to sort the S&P 500 Large Cap Index stocks first for the highest number of new highs in the last month, then again for technical buy signals of 80% or more.  Today's Watch List includes:

Arthur J Gallagher (AJG), Charles Schwab (SCHW), Total Systems (TSS), Altria Group (MO) and Apple (AAPL).

Arthur J Gallagher (AJG)


Barchart technical indicators:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 3.23% in the last month
  • Relative Strength Index 58.42%
  • Technical support level at 52.13
  • Recently traded at 52.40 with a 50 day moving average of 50.70


Barchart technical indicators:
  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 4.58% in the last month
  • Relative Strength Index 66.34%
  • Technical support level at 40.76
  • Recently traded at 41.12 with a 50 day moving average of 37.57


Barchart technical indicators:
  • 100%  technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 7.55% in the last month
  • Relative Strength Index 71.68%
  • Technical support level at 53.00
  • Recently traded at 53.40 with a 50 day moving average of 49.95


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 2.54% in the last month
  • Relative Strength Index 62.59%
  • Technical support level at 67.76
  • Recently traded at 67.95 with a 50 day moving average of 65.45
Apple (AAPL)


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 4.36% in the last month
  • Relative Strength Index 69.84%
  • Technical support level at 118.14
  • Recently traded at 118.99 with a 50 day moving average of 112.94

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