Portfolio deletions : DUSA,LHO,WTT,BRP,SBLK,WTBA,DX,EDR

Today I deleted 8 stocks from the Barchart Van Meerten Speculative portfolio for negative price momentum.   They were Dusa Pharmaceuticals (DUSA), LaSalle Hotel Properties (LHO), Wireless Telecom Group (WTT), Brookfield Residential Properties (BRP), Star Bulk Carriers (SBLK),  West Bancorporation (WTBA), Dynex Capital (DX) and Education Realty Trust (EDR).

Dusa Pharmaceuticals (DUSA)

Barchart technical indicators:

• 64% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 23.56% off its 1 year high
• Relative Strength Index 39.50%

LaSalle Hotel Properties (LHO)

Barchart technical indicators:

• 80% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 16.38% off its 1 year high
• Relative Strength Index 34.53%

Wireless Telecom Group (WTT)

Barchart technical indicators:

• 88% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 24.46% off its 1 year high
• Relative Strength Index 37.93%

Brookfield Residential Properties (BRP)

Barchart technical indicators:

• 56% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 16.67% off its 1 year high
• Relative Strength Index 34.20%

Star Bulk Carriers (SBLK)

Barchart technical indicators:

• 88% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 66.41% off its 1 year high
• Relative Strength Index 33.37%

West Bancorporation (WTBA)

Barchart technical indicators:

• 56% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 11.47% off its 1 year high
• Relative Strength Index 46.93%

Dynex Capital (DX)

Barchart technical indicators:

• 32% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 8.22% off its 1 year high
• Relative Strength Index 40.99%

Education Realty Trust (EDR)

Barchart technical indicators:

• 32% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 7.45% off its 1 year high
• Relative Strength Index 37.27%

Brookfield Residential Properties - BRP -

This morning I added Brookfield Residential Properties (BRP) to the Barchart Van Meerten Speculative portfolio for positive price momentum:

Barchart technical indicators:

• 60% Barchart short term technical buy signal
• Trend Spotter buy signal
• 11 new highs and up 16.64% in the last month
• Relative strength Index 62.98%
• Barchart computes a technical support level at 7.80
• Recently traded at 7.86 with a 50 day moving average of 7.11

Jim Van Meerten is a Marketocracy Master

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