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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
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • 5 NASDAQ 100 Picks 0 comments
    Nov 9, 2012 9:26 AM | about stocks: CHRW, MXIM, MYL, YHOO, TXN

    I'm still not investing my cash yet but for those who do want back into the market I screened the NASDAQ 100 Index to screen for the 5 with the best Barchart technical indicators and charts. Near the top of my list are C H Robinson (NASDAQ:CHRW), Maxim Integrated Products (NASDAQ:MXIM), Mylan (NASDAQ:MYL), Yahoo! (NASDAQ:YHOO) and Texas Instruments (NASDAQ:TXN):

    C H Robinson Worldwide (CHRW)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 5 new highs and up 2.52% in the last month
    • Relative Strength Index 56.01%
    • Barchart computes a technical; support level at 60.32
    • Recently traded at 61.50 with a 50 day moving average of 58.99


    Maxim Integrated Products (MXIM)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving average
    • 6 new highs and up 3.13% in the last month
    • Relative strength Index 58.79%
    • Barchart computes a technical support level at 28.37
    • Recently traded at 28.68 with a 50 day moving average of 27.35


    Mylan (MYL)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 6 new highs and up 4.48% in the last month
    • Relative strength Index 63.50%
    • Barchart computes a technical support level at 25.38
    • Recently traded at 25.65 with a 50 day moving average of 24.36


    Yahoo! (YHOO)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signal
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 12 new highs and up 7.55% in the last month
    • Relative Strength Index 67.78%
    • Barchart computes a technical support level at 17.05
    • Recently traded at 17.24 with a 50 day moving average of 15.93


    Texas Instruments (TXN)

    (click to enlarge)

    Barchart technical indicators:

     

    • 72% Barchart technical buy signal'
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 9 new highs and up 4.11% in the last month
    • Relative strength Index 54.82%
    • Barchart computes a technical support level at 28.87
    • Recently traded at 29.14 with a 50 day moving aver4gae of 28.45


    MORE STOCK PICKS

    Stocks: CHRW, MXIM, MYL, YHOO, TXN
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