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
  • Clean Harbors - CLH - Barchart Chart of the Day 0 comments
    Dec 6, 2011 10:43 AM | about stocks: CLH
    Barchart.coms Chart of the Day - Clean Harbors (NYSE:CLH)
    Barchart Research Team - Barchart.com - Mon Dec 05, 7:07PM CST
    Related Stocks
    CLH - Clean Harbors
    Sym Last Chg Pct
    CLH 61.58 +0.30 +0.49%

    The "Chart of the Day" is Clean Harbors (CLH), which showed up on Monday's Barchart "All Time High" list. Clean Harbors on Monday rallied by 3.01% and posted a new all-time high of $61.73. TrendSpotter issued a fresh Buy signal last Wednesday at $59.97 after being neutral for three sessions. In recent news on the stock, Clean Harbors on Nov 2 reported Q3 EPS of 70 cents, well above the consensus of 51 cents. Goldman Sachs on Oct 5 resumed coverage with a Neutral and a target of $55. JP Morgan on Sep 12 upgraded Clean Harbors to Overweight from Neutral based on valuation, positive near-term growth prospects, and a healthy balance sheet. JP Morgan raised its target to $70 from $61. Clean Harbors, with a market cap of $3.1 billion, specializes in environmental remediation.

    clh_700_01

    How we found the Chart of the Day:

    We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.

    The status of 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.

    • TrendSpotter: Buy
    • Short-Term Indicators: 100% Buy
    • Medium-Term Indicators: 100% Buy
    • Long-Term Indicators: 100% Buy
    • Overall Average 100% 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
    Stocks: CLH
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

  • $WK - 96% technical buy signals - 19 new highs and up 26.83% in the last month - Relative Strength index 83.85%
    about 21 hours ago
  • $MYOK - 100% technical buy signals - 7 New highs and up 32.3% in the last month - Relative Strength Index 77.17%
    1 day ago
  • $EXEL - 80% technical buy signals - 8 new highs and up 31.22% in the last month - Relative Strength Index 76.0%
    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.