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
  • The 5 Best Large Caps 0 comments
    Oct 28, 2013 11:45 AM | about stocks: LUV, LM, BLK, CINF, WDC

    Today I used Barchart to sort the S&P 500 Large Cap Index to find the stocks hitting the most frequent new highs with the best charts and technical indicators. One of the reasons I'm so high on Barchart is that it allows me to pick not only the technical indicators I like but also the time frame as well.

    I like to know what is happening now and in the current month not ancient history.

    Today's list includes Southwest Airlines (NYSE:LUV), Legg Mason (NYSE:LM), Blackrock (NYSE:BLK), Cincinnati Financial (NASDAQ:CINF) and Western Digital (NYSE:WDC):

    Southwest Airlines (LUV)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 17 new highs and up 17.08% in the last month
    • Relative Strength Index 88.42%
    • Barchart computes a technical support level at 16.59
    • Recently traded at 17.10 with a 50 day moving average of 14.45


    Legg Mason (LM)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 12.51% in the last month
    • Relative Strength Index 73.64%
    • Barchart computes a technical support level at 36.28
    • Recently traded at 38.11 with a 50 day moving average of 34.29


    Blackrock (BLK)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 13.52% in the last month
    • Relative Strength Index 74.96%
    • Barchart computes a technical support level at 304.06
    • Recently traded at 307.19 with a 50 day moving average of 275.20


    Cincinnati Financial (CINF)

    (click to enlarge)

    Barchart technical indicators:

     

    • 64% Barchart technical buy signals
    • Trend spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 6.09% in the last month
    • Relative Strength Index 70.72%
    • Barchart computes a technical support level at 49.21
    • Recently traded at 50.57 with a 50 day moving average of 47.57


    Western Digital (WDC)

    (click to enlarge)

    Barchart technical indicators:

     

    • 96% Barchart technical buy signals
    • Trend Spotter buy signal
    • Above its 20, 50 and 100 day moving averages
    • 16 new highs and up 14.70% in the last month
    • Relative Strength Index 68.13%
    • Barchart computes a technical support level at 69.98
    • Recently traded at 72.44 with a 50 day moving average of 65.80
    Stocks: LUV, LM, BLK, CINF, WDC
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

StockTalks

  • $FARM = 100% technical buy signals - 19 new highs and up 19.51% in the last month - Relative Strength Index 82.78%
    3 days ago
  • $WIN - 96% technical buy signals - 16 new highs and up 19.76% in the last month - Relative Strength index 75.56%
    3 days ago
  • $AIZ - 96% technical buy signals - 13 new highs and up 3.93% in the last month - Relative Strength Index 57.88%
    3 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.