Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
This afternoon I deleted Autozone (AZO) from the Van Meerten New High Portfolio for negative price trends:
60% Barchart short term technical sell signal
32% Overall sell signal
Trend Spotter (tm) sell signal
Trading below its 20 and 50 daily moving average
9.57% off its recent high
Relative Strength Index 30.56% and falling
Jim Van Meerten is an advisor to Marketocracy Capital Managementwho uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or emailJimVanMeerten@gmail.com.
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.
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.
Autozone sell signals 0 comments
Disclosure: I am long AZO.
Additional disclosure: Sell order just entered
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.
Share this Instablog
Latest Followers
StockTalks
-
$WCN - 96% Barchart technical buy signals - 8 new highs and up 12.95% in the last month - Relative Strength Index 73.90%
1 day ago
-
$BBG - 96% Barchart technical buy signals - 9 new highs and up 20.96% in the last month - Relative Strength Index 65.22%
1 day ago
-
$BYI - 96% Barchart technical buy signals - 4 new highs and up 13.85% in the last month - Relative Strength Index 69.26%
1 day ago
More »Latest Comments
Most Commented
Posts by Themes