5 Large Cap Stock Picks
Long Only, Momentum, Portfolio Strategy
Seeking Alpha Analyst Since 2009
Jim Van Meerten 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 attended post-baccalaureate and graduate courses in Business Administration, Quantitative Math, and Education at Florida Atlantic University, Georgia State University and University of North Carolina at Charlotte. In the past he has been an accountant, attorney, adjunct professor in Business Law, Accounting and Internal Auditing, financial advisor, supervisory principal, and compliance officer. He also passed the Georgia CPA Exam, the Certified Internal Auditor Exam, and the FINRA Series 7, 24 and 9/10 exams.He is presently also a contributor on MSN Top Stocks Blog, Motley Fool and is a member of the M100 on Marketocracy, an elete honor chosen by the editors of Marketocracy as being in the top 100 portfolio managers of over 100,000 portfoiios they review. He would enjoy hearing your comments at JimVanMeerten@gmail.com.
Today I used Barchart to screen the S&P 500 Large Cap Index to find the stocks with the best technical indicators and charts. The list includesM&T Bank Corp (MTB), People's United Financial (PBC), Charles Schwab (SCHW), Hudson City Bancorp (HCBK) and Cablevision Systems(CVC):
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 13 new highs and up 12.58% in the last month
- Relative Strength Index 80.11%
- Barchart computes a technical support level at 113.68
- Recently traded at 116.82 with a 50 day moving average of 105.21
People's United Financial (PBCT)
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 13 new highs and up 9.70% in the last month
- Relative Strength Index 77.42%
- Barchart computes a technical support level at 14.84
- Recently traded at 15.27 with a 50 day moving average of 13.99
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 10.83% in the last month
- Relative Strength Index 77.96%
- Barchart computes a technical support level at 21.48
- Recently traded at 22.33 with a 50 day moving average of 19.42
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 12 new highs and up 14.57% in the last month
- Relative Strength Index 80.39%
- Barchart computes a technical support level at 9.33
- Recently traded at 9.64 with a 50 day moving average of 8.61
Barchart technical indicators:
- 96% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 11 new highs and up 30.58% in the last month
- Relative Strength Index 78.37%
- Barchart computes a technical support level at 18.61
- Recently traded at 19.13 with a 50 day moving average of 15.53
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