5 Large Caps for Momentum Investors

This morning I wanted to see which large cap stocks were best for Momentum Investors, I used Barchart to sort the S&P 500 Large Cap Index stocks first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more.  Today's watch list includes:

Bank of America (BAC), Regions Financial (RF), Assurant (AIZ), Torchmark (TMK) and Netapp (NTAP).

Bank of America (BAC)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 12.84% in the last month
• Relative Strength Index 77.53%
• Technical support level at 15.73
• Recently traded at 16.17 with a 50 day moving average of 14.39

Regions Financial (RF)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 10.64% in the last month
• Relative Strength Index 72.58%
• Technical support level at 9.72
• Recently traded at 9.98 with a 50 day moving average of 9.11

Assurant (AIZ)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 7.88% in the last month
• Relative Strength Index 73.74%
• Technical support level at 88.58
• Recently traded at 89.55 with a 50 day moving average of 85.86

Torchmark (TMK)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 4.54% in the last month
• Relative Strength Index 69.47%
• Technical support level at 63.84
• Recently traded at 64.68 with a 50 day moving average of  61.88

Netapp (NTAP)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 31.27% in the last month
• Relative Strength Index 88.00%
• Technical support level at 33.98
• Recently traded at 34.59 with a 50 day moving average of 27.69

TRENDING STOCKS 8/1

Sym	Name	Last	Change	Percent	High	Low	Volume	Time	Links
FNFG	First Niagara Finl	10.18	-0.02	-0.20%	10.34	10.11	86,808,891	07/29/16
KEY	Keycorp	11.70	+0.05	+0.43%	11.82	11.57	76,849,297	07/29/16
BAC	Bank of America Corp	14.49	-0.19	-1.29%	14.70	14.48	63,263,898	07/29/16
F	Ford Motor Company	12.66	-0.05	-0.39%	12.88	12.60	59,748,102	07/29/16
SIRI	Sirius XM Holdings I	4.39	+0.03	+0.69%	4.44	4.34	50,087,398	07/29/16
GE	General Electric Company	31.14	-0.11	-0.35%	31.43	31.11	50,051,598	07/29/16
CHK	Chesapeake Energy Corp	5.42	+0.23	+4.43%	5.46	5.15	46,525,500	07/29/16
MCRB	Seres Theraptc Cmn	10.94	-24.83	-69.42%	12.35	8.05	38,272,902	07/29/16
WLL	Whiting Petroleum Corp	7.37	+0.53	+7.75%	7.47	6.68	37,505,699	07/29/16
FB	Facebook Inc	123.94	-1.06	-0.85%	125.84	123.71	35,031,500	07/29/16
ABEV	Ambev S.A.	5.78	-0.09	-1.53%	5.84	5.73	33,967,801	07/29/16
VALE	Vale S.A.	5.75	-0.05	-0.86%	5.82	5.60	33,006,602	07/29/16
HPE	Hewlett Packard Enterprise Comp	21.02	+0.71	+3.50%	21.90	20.10	31,459,998	07/29/16
MT	Arcelormittal	6.52	+0.37	+6.02%	6.55	6.30	30,622,699	07/29/16
MSFT	Microsoft Corp	56.68	+0.47	+0.84%	56.76	56.05	30,558,301	07/29/16
FCX	Freeport-Mcmoran Inc	12.96	+0.02	+0.15%	13.04	12.63	28,956,002	07/29/16
RF	Regions Financial Corp	9.17	+0.01	+0.11%	9.32	9.10	28,556,400	07/29/16
EVOK	Evoke Pharma Cmn	2.62	-0.41	-13.53%	4.19	2.50	28,187,301	07/29/16
AAPL	Apple Inc	104.21	-0.13	-0.12%	104.55	103.68	27,726,500	07/29/16
GLW	Corning Inc	22.22	-0.07	-0.31%	22.47	22.18	27,644,400	07/29/16