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
  • Education Management Corp - Chart Of The Day 0 comments
    Oct 15, 2013 4:39 PM | about stocks: EDMC

    The Chart of the Day is Education Management Corp (NASDAQ:EDMC). Since the Trend Spotter signaled a buy on 7/15 the sock is up 52.68%. I found the stock by sorting the New High List for frequency and then used the flipchart feature to review the charts.

    It provides post-secondary education in North America and offers campus-based and online instructions to enable students earn undergraduate and graduate degrees, including doctoral degrees and certain specialized non-degree diplomas in various disciplines. The company offers education through the Art Institutes, Argosy University, the Brown Mackie Colleges, and South University, as well as Western State University College of Law, which offers Juris Doctor Degrees; and the Ventura Group, which provides education courses for K-12 educators, as well as courses and materials for postgraduate licensure examinations in the human services fields.

    (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
    • 15 new highs and up 30.38% in the last month
    • Relative Strength Index 80.11%
    • Barchart computes a technical support level at 10.30
    • Recently traded at 10.91 with a 50 day moving average of 8.54

    Fundamental factors:


    • Market Cap $1.35 billion
    • P/E 23.59
    • Revenue predicted to grow 1.70% next year
    • Earnings estimated to increase 50.00% next year and continue to increase at an annual rate of 14.00% for the next 5 years
    • Wall Street analysts issued 2 strong buys, 6 holds and an under perform recommendation for their clients.

    Please monitor the 50 day moving average for signs of weakness.

    Stocks: EDMC
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


  • $EXEL - 96% technical buy signals - 16 new highs and up 39.23% in the last month = Relative Strength Index 86.09
    3 days ago
  • $FARM = 100% technical buy signals - 19 new highs and up 19.51% in the last month - Relative Strength Index 82.78%
    6 days ago
  • $WIN - 96% technical buy signals - 16 new highs and up 19.76% in the last month - Relative Strength index 75.56%
    6 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.