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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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  • Xcel Energy - Barchart's Chart Of The Day

    The Chart of the Day belongs to Xcel Energy (NYSE:XEL). I found the electric utility stock 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 12/18 the stock gained 6.82%

    Xcel Energy Inc. is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas.

    (click to enlarge)

    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 6.58% in the last month
    • Relative Strength Index 68.84%
    • Barchart computes a technical support level at 37.23
    • Recently traded at 37.76 with a 50 day moving average of 35.19


    Fundamental factors:

     

    • Market Cap $19.08 billion
    • P/E 19.37
    • Dividend yield 3.19%
    • Revenue expected to grow 5.30% this year and another 3.60% next year
    • Earnings estimated to increase by 2.10% this year, an additional 5.00% next year and continue to increase an an annual rate of 4.32% for the next 5 years
    • Wall Street analysts issued 2 strong buy, 1 buy and 13 hold recommendations on the stock


    Technical trading strategies have not worked on this stock so hold it for its dividends.

    Tags: XEL
    Jan 23 7:02 PM | Link | Comment!
  • The York Water Company - The Barchart Chart Of The Day

    The Chart of the Day belongs to The York Water Company (NASDAQ:YORW). I found the stock 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 another buy on 12/17 the stock gained 13.22%.

    The York Water Company impounds, purifies and distributes water. They are regulated by the Pennsylvania Public Utility Commission in the areas of billing, payment procedures, dispute processing, terminations, service territory, and rate setting. They must obtain PPUC approval before changing any of the aforementioned procedures.

    (click to enlarge)

    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
    • 4 new highs and up 5.52% in the last month
    • Relative Strength Index 66.31%
    • Barchart computes a technical support level at 23.75
    • Recently traded at 24.84 with a 50 day moving average of 22.23


    Fundamental factors:

     

    • Market Cap $318.70 million
    • P/E 29.90
    • Dividend yield 2.44%
    • Revenue expected to grow 9.20% this year and another 3.20% next year
    • Earnings estimated to increase 13.30% this year, an additional 4.70% next year and continue to compound at an annual rate of 4.90% for the next 5 years
    • Wall Street analysts issued 2 hold and 1 under perform recommendation on this stock


    None of the technical trading strategies have been effective on this stock so unless you'd like to hold it for the steady dividend yield I would not advise you try to trade this stock.

    Tags: YORW
    Jan 22 5:37 PM | Link | Comment!
  • Do You Own NFLX,PG,CHK,WMT,Or ATVI

    Recently I covered the 15 most popular stock with individual investors; today let's look at #16 - #20. The list includes Netflix (NASDAQ:NFLX), Proctor & Gamble (NYSE:PG), Chesapeake Energy (NYSE:CHK), Wal-Mart Stores (NYSE:WMT) and Activision Blizzard (NASDAQ:ATVI):

    Netflix (NFLX)

    Barchart technical indicators:

     

    • 56% Barchart technical buy signals
    • Trend Spotter hold signal
    • Above its 20, 50 and 100 day moving averages
    • 16.91% off its recent high
    • Relative Strength Index 75.19%
    • Barchart computes a technical support level at 328.27
    • Recently traded at 413.14 with a 50 day moving average of 348.22


    Proctor & Gamble (PG)

    Barchart technical indicators:

     

    • 32% Barchart technical buy signals
    • Trend Spotter hold signal
    • Above its 50 and 100 day moving average
    • Only 3.57% off its recent high
    • Relative Strength Index 49.81%
    • Barchart computes a technical support level at 89.87
    • Recently traded at 90.70 with a 50 day moving average of 90.24


    Chesapeake Energy (CHK)

    Barchart technical indicators:

     

    • 16% Barchart technical sell signals
    • Trend Spotter sell signal
    • Below its 50 and 100 day moving averages
    • 38.17% off its recent high
    • Relative Strength Index 53.20%
    • Barchart computes a technical support level at 17.58
    • Recently traded at 19.34 which is below its 50 day moving averages of 20.10


    Wal-Mart Stores (WMT)

    Barchart technical indicators:

     

    • 8% Barchart technical buy signals
    • Trend Spotter hold signal
    • Above its 50 and 100 day moving averages
    • Only 5.21% off its recent high
    • Relative Strength Index 48.83%
    • Barchart computes a technical support level at 84.50
    • Recently traded at 86.33 with a 50 day moving average of 85.18


    Activision Blizzard (ATVI)

    Barchart technical indicators:

     

    • 26% Barchart technical sell signal
    • Trend Spotter sell signal
    • Below its 50 and 100 day moving averages
    • 17.33% off its recent high
    • Relative Strength Index 52.34%
    • Barchart computes a technical support level at 19.58
    • Recently traded at 20.07 which is below its 50 day moving average of 20.29
    Tags: NFLX, PG, CHK, WMT, ATVI
    Jan 22 10:46 AM | Link | Comment!
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  • $XEL = 100% Barchart technical by signals - 6 new highs and up 6.58% in the last month - Relative Strength Index 68.84%
    2 days ago
  • $YORW - 100% Barchart technical buy signals -- 4 new highs and up 5.52% in the last month - Relative Strength Index 66.31%
    3 days ago
  • $ATVI - 16% Barchart technical sell signals - 17.33% off its recent high - Relative Strength Index 52.34%
    4 days ago
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