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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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Marketocracy Capital Management
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Barchart Portfolio Blogs
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  • Yum! Brands -- New All Time High

    The Chart of the Day belongs to Yum! Brands (NYSE:YUM), I found the stock by sorting the All Time High list for the stocks with the best technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 3/24 the stock gained 8.37%.

    Yum! Brands, Inc. is the world's largest restaurant company in terms of system units with nearly 38,000 restaurants in over 120 countries and territories. Their brands - KFC, Pizza Hut and Taco Bell - are the global leaders of the chicken, pizza and Mexican-style food categories. The Yum! system includes four operating segments: U.S., International (Yum! Restaurants International), China and India Divisions.

    (click to enlarge)

    The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    Barchart technical indicators:

    • 100% Bar chart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 5 new highs and up 8.37% in the last month
    • Relative Strength index 77.86%
    • Barchart computes a technical support level at 82.86
    • Recently traded at 87.10 with a 50 day moving average of 79.20


    Fundamental factors:

     

    • Market Cap $38.11 billion
    • P/E 27.92
    • Dividend yield 1.95%
    • Revenue expected to grow 6.00% this year and another 8.70% next year
    • Earnings estimated to increase 12.60% this year an additional 17.20% next year and continue to increase at an annual rate of 11.32% for the next 5 years
    • Wall Street analysts issued 6 strong buy, 2 buy, 13 holds and 2 under perform recommendation on the stock


    The 50 - 100 Day MACD oscillator has been a reliable technical trading strategy and should continue to be used to gauge entry and exit points on this stock

    Tags: YUM
    Apr 24 4:50 PM | Link | Comment!
  • Asterias Biotherapeutics - New All Time High

    The Chart of the Day belongs to Asterias Biotherapeutics (OTC:AST). I found the stock by sorting the All Time High list for the stocks with the best technical buy signals then used the Flipchart function to review the charts. Since the Trend Spotter signaled a by in 4/8 the stock gained 73.22%.

    Asterias Biotherapeutics, Inc. is a biotechnology company. It is focused on the field of regenerative medicine. The Company's technologies center on stem cells capable of becoming all of the cell types in the human body, a property called pluripotency. It develops therapies based on pluripotent stem cells to treat diseases or injuries in a variety of medical fields, with an initial focus on the therapeutic areas of neurology and oncology.

    (click to enlarge)

    The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    Barchart technical indicators:

    • 100% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 11 new highs and up 66.50% in the last month
    • Relative Strength Index 80.77%
    • Barchart computes a technical support level at 10.41
    • Recently traded at 13.41 with a 50 day moving average of 6.69


    Fundamental factors:

     

    • Market Cap $414.37 million
    • Revenue expected to grow 345.70% this year and another 4.50% next year
    • Earnings estimated to increase by 6.50% this year but no projections are made for future periods
    • The lone analyst following the stock has it a buy


    This stock has shot up fast so use a trailing stop loss 10% below its recent his to preserve gains.

    Tags: AST
    Apr 23 7:13 AM | Link | Comment!
  • Alliance Data Systems - All Time High

    The Chart of the Day belongs to Alliance Data Systems (NYSE:ADS). I found the financial transactions services company by sorting the All Time High list for the stocks with the highest technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 3/16 the stock gained 6.50%.

    Alliance Data Systems Corporation is a leading provider of transaction services, credit services and marketing services to retail companies in North America. They focus on facilitating and managing electronic transactions between clients and their customers through multiple distribution channels including in-store, catalog and the Internet. Their credit and marketing services assist clients in identifying and acquiring new customers, as well as helping to increase the loyalty and profitability of their existing customers.

    (click to enlarge)

    The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

    Barchart technical indicators:

     

    • 100% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 6 new highs and up 4.50% in the last month
    • Relative Strength Index 66.68%
    • Barchart computes a technical support level at 296.44
    • Recently traded at 307.85 with a 50 day moving average of 289.33


    Fundamental factors:

     

    • Market Cap $19.35 billion
    • P/E 23.78
    • Revenue expected to grow 23.60% this year and another 12.10% next year
    • Earnings estimated to increase by 19.20% this year, an additional 15.60% next year and continue to increase at an annual rate of 16.00% for the next 5 years
    • Wall Street analysts issued 4 strong buy, 13 buy and 7 hold recommendations on the stock


    None of the normal technical trading strategies have been reliable without incurring an excessive number of trades so I'd advise using a moving stop loss 10% below the most recent high.

    Tags: ADS
    Apr 22 3:32 PM | Link | Comment!
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  • $YUM - 100% Barchart technical buy signals - 5 new highs and up 8.37% in the last year - Relative Strength Index 77.86%
    about 5 hours ago
  • $ADS - 100% Barchart technical buy signals - 6 new highs and up 4.50% in the last month - Relative Strength Index 66.68%
    2 days ago
  • $CRC - Above its 20 and 50 day moving averages - 13 new highs and up 21.38% in the last month - Relative Strength Index 62.02%
    2 days ago
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