New High Portfolio Changes

Today I made several changes in the Barchart Van Meerten New High portfolio for negative price momentum.  I deleted McCormick (MKC), Verizon Communications (VZ), Sciquest (SQI), Realty Income (O), Ventas (VTR) and Southern Company (SO):

McCormick (MKC)

Barchart technical indicators:

• 56% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 7.99% off its 1 year high
• Relative Strength Index 29.15%

Verizon Communications (VZ)

Barchart technical indicators:

• 40% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 10.62% off its 1 year high
• Relative Strength Index 30.56%

Sciquest (SQI)

Barchart technical indicators:

• 40% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 14.92% off its 1 year high
• Relative Strength Index 39.06%

Realty Income (O)

Barchart technical indicators:

• 60% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 20.80% off its 1 year high
• Relative Strength Index 23.20%

Ventas (VTR)

Barchart technical indicators:

• 40% Barchart short term sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 15.75% off its 1 year high
• Relative Strength Index 25.83%

Southern Company (SO)

Barchart technical indicators:

• 80% Barchart short term technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 10.03% off its 1 year high
• Relative strength Index 26.45%

Verizon Communications (VZ) - Buy Signals

Today I added Verizon Communications (VZ) to the Barchart Van Meerten New High portfolio for excellent price momentum:

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 9.93% in the last month
• Relative Strength Index 73.36%
• Barchart computes a technical support level at 47.43
• Recently traded at 48.91 with a 50 day moving average of 44.99

5 Great Large Caps

This morning I used Barchart to screen the S&P 500 Large Cap stocks for 5 with really good technical price momentum and found Wisconsin Energy (WEC), Verizon Communications (VZ), Integrys Energy (TEG), AT&T (T) and Sempra Energy (SRE):

Wisconsin Energy (WEC)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 8 new highs and up 3.87% in the last month
• Relative Strength Index 72.86%
• Barchart computes a technical support level at 37.95
• Recently traded at 38.74 with a 50 day moving average of 36.53

Verizon Communications (VZ)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 6 new highs and up 3.38% in the last month
• Relative Strength Index 69.03%
• Barchart computes a technical support level at 41.32
• Recently traded at 42.59 with a 50 day moving average of 40.60

Integrys Energy (TEG)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 9 new highs and up 3.89% in the last month
• Relative Strength Index 68.13%
• Barchart computes a technical support level at 54.45
• Recently traded at 55.95 with a 50 day moving average of 53.57

AT&T (T)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 10 new highs and up 3.33% in the last month
• Relative Strength Index 67.78%
• Barchart computes a technical support level at 33.89
• Recently traded at 34.71 with a 50 day moving average of 32.59

Sempra Energy (SRE)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 3.25% in the last month
• Relative Strength Index 68.61%
• Barchart computes a technical support level at 65.58%
• Recently traded at 67.00 with a 50 day moving average of 63.96