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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. 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
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Marketocracy Capital Management
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  • McGraw-Hill - MHP - Barchart Chart of the Day 0 comments
    Aug 3, 2011 8:35 AM | about stocks: MHFI
    Barchart.coms Chart of the Day - McGraw-Hill (MHP)
    Barchart Research Team - Barchart.com - Tue Aug 02, 6:32PM CDT
    Related Stocks
    MHP - Mcgraw-Hill Companies
    Sym Last Chg Pct
    MHP 44.43 +3.02 +7.29%

    The "Chart of the Day" is McGraw-Hill Companies (MHP), which showed up on Tuesday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. McGraw-Hill on Tuesday rallied by 7.29% and posted a new 3-1/2 year high. In recent news on the stock, McGraw-Hill on Tuesday reiterated that is conducting a strategic portfolio review following news that JANA Partners, the investment manager on behalf of the Ontario Teachers' Pension Plan Board, has acquired 5.2% of the stock and is seeking discussions with the company about ways to increase shareholder value. McGraw-Hill on June 28 reported Q2 EPS of 68 cents versus the consensus of 66 cents and said it sees FY11 EPS at the top end of $2.79-2.89 guidance. McGraw-Hill, with a market cap of $12.7 billion, is a large multimedia publishing and information company, employing a broad range of media, including books, magazines, newsletters, software, on-line data services, CD-ROMs, facsimile and television broadcasting.

    mhp_700

    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

    Barchart's Opinion trading systems are mostly a "Buy" and Barchart's daily TrendSpotter trading system is a "Buy." 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: 80% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 96% Buy


    Barchart links for further information:

    Quotes and Charts
    Quote
    Detailed Quote
    Chart

    Technical Analysis
    Technicals Summary
    Trader's Cheat Sheet™

    Barchart Opinions
    Barchart Opinion
    Barchart Snapshot
    Trading Strategies

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


    Chart of the Day Archive
    View Past Chart of the Day Reports
    Themes: Long ideas Stocks: MHFI
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