Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
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
My company:
Marketocracy capital management
My blog:
Barchart Portfolio Blogs
  • Anheuser Busch Inbev - BUD - Barchart Chart Of The DAY 0 comments
    Sep 4, 2012 12:20 PM | about stocks: BUD

    Barchart.com's Chart of the Day - Anheuser-Busch Inbev Sa (NYSE:BUD)

    Barchart Research Team - BC - Fri Aug 31, 6:47PM CDT

    The "Chart of the Day" is Anheuser-Busch Inbev Sa (BUD), which showed up on Friday's Barchart "All-Time High" list. Anheuser-Busch posted an all-time high Friday at $84.65 and closed up +1.00%. TrendSpotter has been long Anheuser-Busch since June 19 at $71.29. In recent news on the stock, Major League Baseball Properties and Anheuser-Busch agreed on Aug 22 to a 6-year renewal of their sponsorship agreement through the 2018 season. Under the agreement, Budweiser is designated the official beer sponsor of MLB and will be the presenting sponsor of the wild-card playoff games on Oct 5. Anheuser-Busch, with a market cap of $134.6 billion, is the leading American brewer with a 47.7% share of U.S. beer sales to retailers. It also brews and manufacturers ale, lager, and stout and is a major manufacturer of aluminum cans and has been a leading aluminum recycler for more than 30 years. It has production plants in Europe, the Americas and Asia.

    (click to enlarge)bud_700

    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "All-Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All-Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new all-time high is typically showing strong upside momentum.

    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.

    • TrendSpotter: Buy
    • Short-Term Indicators: 100% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 100% Buy

    Barchart links for further information:

    Quotes and Charts
    Detailed Quote

    Technical Analysis
    Technicals Summary
    Trader's Cheat Sheet™

    Barchart Opinions
    Barchart Opinion
    Barchart Snapshot
    Trading Strategies

    Company Info
    Company Profile
    Key Statistics
    Income Statement-Quarterly
    Income Statement-Annual
    Balance Sheet-Current
    Balance Sheet-Annual

    Chart of the Day Archive
    View Past Chart of the Day Reports

    Stocks: BUD
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $AVGO - 96% technical buy signals - 11 new highs and up 10.15% in the last month - Relative Strength Index 65.65%
    4 days ago
  • $ULTA - 96% technical buy signals - 11 new highs and up 5.76% in the last month - Relative Strength 69.50%
    4 days ago
  • $XLNX - 100% technical buy signals - 14 new highs and up 11.64% in the last month - Relative Strength Index 79.15%
    4 days ago
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.